Archive for date: September 4, 2009

Another interesting question of probability…

September 4, 2009 | General | By: Mark VandeWettering

I was reading Kraitchik’s Mathematical Recreations book (a very nice little Dover volume) and ran across this interesting puzzle on pg. 140: 21, A man stakes 1/m of his fortune on each play of a game whose probability is 1/2. He tries again and again, each time staking 1/m of what he possesses. After 2n […]