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Title: The Gambler's Ruin Problem
Url: http://math.ucsd.edu/~anistat/gamblers_ruin.html
Creator: Garsia, A.M.
Publisher: University of California, San Diego, Department of Mathematics
Description: This applet allows you to experience the fate of a gambler by simulating the whole gambling session in a matter of seconds. The applet plots the successive rises and falls of the capital during the whole duration of the game. It also displays the maximum and minimum values attained by the capital during the session and allows you to get precise information (by clicking at a point of the histogram) of the amount of capital after that particular bet.
LC Classification: Bibliography. Library science. Information resources (General) -- Subject bibliography -- Mathematics -- Special topics, A-Z -- Bernoulli numbers
Science -- Mathematics -- Mathematical statistics -- Study and teaching. Research
Science -- Mathematics -- Mathematical statistics -- Testing of hypotheses
Science -- Mathematics -- Probabilities -- Study and teaching. Research
Social sciences -- Commerce -- Business -- Accounting. Bookkeeping -- By business or activity -- Gambling. Casinos
GEM Subject: Mathematics -- Statistics
Mathematics -- Probability
Key Concept: Mathematics -- Hypothesis testing
Mathematics -- Probability
Mathematics -- Statistics
Key Concepts Complete: Yes
Resource Type: Demonstrations
Instructional Materials
InteractiveResource (DCMI Type Vocabulary)
Mathematics Materials
Orientation Materials
Reference
Study Guides
Teaching Guides
Format: html
java
Audience: College/University Instructors
Higher Education
Secondary Education
Students
Teachers
Technical School First Cycle
Technical School Second Cycle
University First Cycle
University Second Cycle
Vocational Training
Language: English
Access Rights: Free access
Date Of Record Release: 2009-01-05 03:00:01 (W3C-DTF)
Date Last Modified: 2009-01-02 15:48:30 (W3C-DTF)
Source: CAUSEweb
Full Record Views: 72
Resource URL Clicks: 2
Cumulative Rating: NOT YET RATED
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