Win or Lose? Listen to a Martingale!
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
 also talks about martingales.
Volume 27 | Issue 6