PhoneBoy Speaks Ep 189: Expected Value
Every time I take the kids to Chuck E. Cheese, I am reminded of the concept of Expected Value, which I learned in the many math classes I took in college. Surely, the folks who run Chuck E. Cheese are very familiar with this concept because the game are clearly weighted in their favor. As is the folks who run every successful casino in the world. It’s how these enterprises are able to remain in business and be profitable.
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PhoneBoy Speaks Ep 189: Expected Value