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		<title>Statistics Help @ Talk Stats Forum - Probability</title>
		<link>http://www.talkstats.com/</link>
		<description>Probability course and homework discussion. Probability distributions. Probability theory, stochastic processes</description>
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			<title>Statistics Help @ Talk Stats Forum - Probability</title>
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			<title>Chance of Beating the House In Roulette</title>
			<link>http://www.talkstats.com/showthread.php/43706-Chance-of-Beating-the-House-In-Roulette?goto=newpost</link>
			<pubDate>Sun, 19 May 2013 19:27:10 GMT</pubDate>
			<description><![CDATA[Hi, I was wondering how I could calculate this. 
I tried two different methods and got the same answer, but I'm not sure if I'm attacking the problem...]]></description>
			<content:encoded><![CDATA[<div>Hi, I was wondering how I could calculate this.<br />
I tried two different methods and got the same answer, but I'm not sure if I'm attacking the problem correctly.<br />
I'm trying to find the probability of beating the house by the time you get to spin #x<br />
<br />
The methods I tried were <br />
<br />
Pcurrent = (1-Pprevious)*Pwin + Pprevious<br />
Pprevious = chance that you won last time<br />
Pwin = chance of landing on the color you chose<br />
<br />
Pcurrent = Pprevious + Pwin * (1-Pwin)^(x-1)<br />
Pprevious = chance that you won last time<br />
Pwin = chance of landing on the color you chose<br />
x = spin number<br />
<br />
<br />
<br />
<br />
Edit: I guess the main problem is that I don't know what question I should be asking:<br />
What's the chance of winning at least once by the time you get to spin x? &lt;-- Probably?<br />
What's the chance of winning on the last turn by the time you get to spin x?</div>

 ]]></content:encoded>
			<category domain="http://www.talkstats.com/forumdisplay.php/3-Probability">Probability</category>
			<dc:creator>kxiao</dc:creator>
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			<title>Binomial variability</title>
			<link>http://www.talkstats.com/showthread.php/43705-Binomial-variability?goto=newpost</link>
			<pubDate>Sun, 19 May 2013 19:25:20 GMT</pubDate>
			<description>Hi,  
I have in my research 45 children who took a test twice and the score is either (correct or incorrect).  
I calculated confidence intervals for...</description>
			<content:encoded><![CDATA[<div>Hi, <br />
I have in my research 45 children who took a test twice and the score is either (correct or incorrect). <br />
I calculated confidence intervals for the difference between the scores in the first and second session. <br />
<br />
How do I find out if the score is within the binomial variability or not? <br />
<br />
Thank you?</div>

 ]]></content:encoded>
			<category domain="http://www.talkstats.com/forumdisplay.php/3-Probability">Probability</category>
			<dc:creator>Nadahmed</dc:creator>
			<guid isPermaLink="true">http://www.talkstats.com/showthread.php/43705-Binomial-variability</guid>
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			<title>correct probability distribution</title>
			<link>http://www.talkstats.com/showthread.php/43690-correct-probability-distribution?goto=newpost</link>
			<pubDate>Sun, 19 May 2013 07:42:43 GMT</pubDate>
			<description>stupid question i know, but when a question asks me to identify the correct method of PB what exactly do i have to do? thanks :)</description>
			<content:encoded><![CDATA[<div>stupid question i know, but when a question asks me to identify the correct method of PB what exactly do i have to do? thanks :)</div>

 ]]></content:encoded>
			<category domain="http://www.talkstats.com/forumdisplay.php/3-Probability">Probability</category>
			<dc:creator>worldofquery</dc:creator>
			<guid isPermaLink="true">http://www.talkstats.com/showthread.php/43690-correct-probability-distribution</guid>
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