Gazing into the Unknown

Will Kurt

The Fundamentals of Data Science

Rules:

You start with 1 dollar (use fingers to keep track)

If you have 0 dollars or less then you can’t play any more

I’ll flip a coin 5 times

Before each flip pick a side

If you are right you win $2

If you are wrong you lose $1

1

2

3

4

5

?

http://bigdatapix.tumblr.com/

X = {-0.1,1.1}

Another game

0.9997 chance of losing a mere $0.1

0.0003 chance of winning $2000

Thank you!

wckurt@gmail.com

@willkurt

countbayesie.com