Ok so what if both busses arrival times are exponentially distributed after each other with average time t=10 and t=20?

<t>I think they make offers above the expected return BECAUSE ITS A GAME SHOW.Every other game show offers prizes - so why not this one.And why do you offer a prize? To make it exciting. There is nothing better for the viewer than to see a greedy player gamble away a really good offer.If a player se...

<t>QuoteOriginally posted by: LegoLasVegasOK, now here's my initial idea:"You don't have to know anything about the match details (given your boss cannot manipulate the outcome). YOU CAN ALWAYS CALL HIS BET!"Prove me wrong, please!I don't understand;Being really trivial you will be wrong to call his...

No takers?

<t>They are totally different, an SIV is (in general) an example of a VIE, but SIV is a finance term, VIE is an accounting term.VIE = Variable Interest EntityThis is an accounting term that (ASAIK) only applies under US accounting, in relation to FIN 46(r), although analogies exist in other countrie...

Ironically after a couple of days of looking for this and then deciding to post, I've just read about the Multivariate Wallenius' Noncentral Hypergeometric Distribution, which looks like this might be a special case of.Any one know anything about this?

<t>I've come across a process which is pretty simple to work with on a simulation basis, but I don't know any analytic solutions for it, and wondered if anyone knows what this distribution is and if they could direct me towards any papers/research or just a name/phrase to googleImagine this process ...

<t>Cool.So... that shows that the timid strategy is optimal for all p >= 1/2.The question then is, is it uniquely optimal for p=1/2. I would still expect that min(N-i,i,a) for any integer a > 0 would also be optimal.Logically, it would also make sense that if p<1/2 you should bet min(N-i,i). I am no...

<t>Not a proof, but some thoughts1) It is never optimum to bet larger than N-i, since if she wins the bet she has the same payoff as betting exactly N-i, while if she loses she is further from N.2) If she uses a constant bet size then the balance follows a simple binary tree random walk, stepping up...

<t>Hope this hasn't already been covered (I tried searching through some old coupon collector threads, but didn't see this question)Suppose we have the coupon collector problem, with N coupons, each with different probability p_i of turning up in each trial. We want to collect k coupons.What is the ...

<t>One major difference is that CDS is a two counterparty product. If you buy CDS protection from JPM on BoA then you need to watch out for either BoA or JPM defaulting.This is not a trivial default scenario since there is clearly some corrolation. A particularly unusual example is to look at CDPCs ...

Alan:- I don't see the random walk connection to the range? I'm wanting the range of a random sample - nothing to do with any means?Zmei: - Thanks that looks like the sort of thing I remember, I knew it was messy!

<t>I've definately seen something on this a long time ago but I can't remember enough about it to search for it, so if anyone can point me in the right direction that would be great.Basically I'm looking for the pdf or cdf for the sample range of a normal distribution - i.e. With sample size n, what...

I agree with that figure.By restricting the first digit to 2..9 we have 8,000,000Less 10,000 that start 911Less 10,000 that start 555Less 800 that end 0000 and start with 2..9Plus the 2 numbers 9110000 and 5550000 that we counted twice

Do they have any debt? They only need a public rating if they have public debt outstanding.