• Win or Lose? Listen to a Martingale!

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      Permanent link:
      https://www.ias.ac.in/article/fulltext/reso/024/06/0681-0684

    • Keywords

       

      Probability, martingale, random variables, binomial distribution.

    • Abstract

       

      The author did not learn probability theory properly whenit was taught to him as an undergraduate. However, nowthat he has to teach, it has become a fascination. The problemstated below was given to second year students of theIISER BS-MS programme as an examination question; theyanswered it in interesting ways. An earlier article in Resonance

      [1] also talks about martingales.

    • Author Affiliations

       

      Kapil Hari Paranjape1

      1. Indian Institute of Science Education and Research Mohali Sector 81, SAS Nagar Manauli PO Punjab 140 306, India.
    • Dates

       

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