Unfavorable Odds

Unfavorable Odds

Author: Kim Hamilton Anthony

Publisher: Tate Publishing

ISBN: 9781615664955

Category: Biography & Autobiography

Page: 277

View: 707

When Kim Hamilton rose to fame, she was anything but a typical world-class gymnast. She wasn't white, she didn't come from a middle-class family, and she was tall for a gymnast. But facing those obstacles was nothing compared To The challenges she faced at home. There, she tumbled in a secret world filled with drugs, violence, and financial strain. She met Unfavorable Odds but found hope by persevering through the pain. Here, Kim shares the techniques she learned to catapult herself from the past into the purpose God intended for her life.
Categories: Biography & Autobiography

The Anywhere Leader

The Anywhere Leader

But also consider your experience, your effort, and your intellect. Do they help you shift the odds more in your favor, or is your move completely dependent on chance? When others have unfavorable odds and are hesitant ...

Author: Mike Thompson

Publisher: John Wiley & Sons

ISBN: 9781118002346

Category: Business & Economics

Page: 256

View: 682

This book offers a blueprint for developing leaders who can handle surprising challenges, from mergers to global relocation, and who thrive in turbulent times by being open to new concepts, passionate about progress, and resourceful with the tools available.
Categories: Business & Economics

The Math of Money

The Math of Money

are unfavorable; if you have the same odds but bet 10,000 times, you are virtually certain to lose. This convergence of the theoretical average profit and the actual profit when a bet is made repeatedly is a consequence of a statistical ...

Author: Morton D. Davis

Publisher: Springer Science & Business Media

ISBN: 9781475743340

Category: Mathematics

Page: 199

View: 988

This lively and practical introduction to the mathematics of money invites us to take a fresh look at the numbers that underpin our financial decisions. Morton D. Davis talks about strategies to use when we are required to bet against the odds (purchasing auto insurance) or choose to bet against the odds (wagering in a casino or at the track). He considers the ways in which we can streamline and simplify the choices available to us in mortgages and other loans. And he helps us understand the real probabilities when we accept a tip on that "one in a thousand" stock, even when the tip comes from a successful day trader. With a wealth of entertaining and counterintuitive examples, The Math of Money delights as well as informs, and will help readers treat their financial resources more rationally.
Categories: Mathematics

Mathematical Excursions Enhanced Edition

Mathematical Excursions  Enhanced Edition

These odds indicate that out of 20 (i.e., 13 7) passes thrown by Manning, you can expect 13 passes to be completed ... Odds are frequently expressed in terms of favorable and unfavorable outcomes. number of favorable outcomes Odds in ...

Author: Richard N. Aufmann

Publisher: Cengage Learning

ISBN: 9781305161795

Category: Mathematics

Page: 1008

View: 134

MATHEMATICAL EXCURSIONS, Third Edition, teaches students that mathematics is a system of knowing and understanding our surroundings. For example, sending information across the Internet is better understood when one understands prime numbers; the perils of radioactive waste take on new meaning when one understands exponential functions; and the efficiency of the flow of traffic through an intersection is more interesting after seeing the system of traffic lights represented in a mathematical form. Students will learn those facets of mathematics that strengthen their quantitative understanding and expand the way they know, perceive, and comprehend their world. We hope you enjoy the journey. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.
Categories: Mathematics

Handbook of Early Childhood Intervention

Handbook of Early Childhood Intervention

Such faiths appear to give resilient children a sense of rootedness and coherence ( Antonovsky , 1987 ) , a conviction that their lives have meaning , and a belief that things will work out in the end , despite unfavorable odds .

Author: Jack P. Shonkoff

Publisher: Cambridge University Press

ISBN: 0521585732

Category: Medical

Page: 734

View: 966

This 2000 book provides a comprehensive overview of this complex field by an outstanding group of contributing authors.
Categories: Medical

Topics in Contemporary Mathematics

Topics in Contemporary Mathematics

Note that if the odds for the event are 64 to 36, the probability of the event should be 64 64 i I I I 0.64 64 + 36 100 We shall study more ... Thus, odds of 1 to 5 mean that there are 5 times as many unfavorable as favorable outcomes.

Author: Ignacio Bello

Publisher: Cengage Learning

ISBN: 9781285528892

Category: Mathematics

Page: 992

View: 214

Written for the Math for Liberal Arts course, TOPICS IN CONTEMPORARY MATHEMATICS helps students see math at work in the world by presenting problem solving in purposeful and meaningful contexts. Many of the problems in the text demonstrate how math relates to subjects--such as sociology, psychology, business, and technology--that generally interest students. Available with InfoTrac Student Collections http://gocengage.com/infotrac. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.
Categories: Mathematics

Mathematics Journey from Basic Mathematics through Intermediate Algebra

Mathematics  Journey from Basic Mathematics through Intermediate Algebra

Objective 21.5B Calculate the odds of an event Sometimes the chance of an event occurring is given in terms of odds . ... Odds in favor - number of favorable outcomes number of unfavorable outcomes Odds Against an Event The odds against ...

Author: Richard N. Aufmann

Publisher: Cengage Learning

ISBN: 9780357639368

Category: Mathematics

Page: 50

View: 187

Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.
Categories: Mathematics

Oxford Studies in Epistemology

Oxford Studies in Epistemology

Betting at arbitrarily unfavorable odds in ordinary, humdrum cases involving topics like the population of Canada is clearly irrational. But how one ought to behave in complex cases crucially involving infinities is far from apparent—my ...

Author: Tamar Szabó Gendler

Publisher: OUP Oxford

ISBN: 9780191653322

Category: Philosophy

Page: 368

View: 133

Oxford Studies in Epistemology is a biennial publicaton which offers a regular snapshot of state-of-the-art work in this important field. Under the guidance of a distinguished editorial board composed of leading philosophers in North America, Europe and Australasia, it publishes exemplary papers in epistemology, broadly construed. Topics within its purview include: *traditional epistemological questions concerning the nature of belief, justification, and knowledge, the status of scepticism, the nature of the a priori, etc; *new developments in epistemology, including movements such as naturalized epistemology, feminist epistemology, social epistemology, and virtue epistemology, and approaches such as contextualism; *foundational questions in decision-theory; *confirmation theory and other branches of philosophy of science that bear on traditional issues in epistemology; *topics in the philosophy of perception relevant to epistemology; *topics in cognitive science, computer science, developmental, cognitive, and social psychology that bear directly on traditional epistemological questions; and *work that examines connections between epistemology and other branches of philosophy, including work on testimony and the ethics of belief. Anyone wanting to understand the latest developments at the leading edge of the discipline can start here.
Categories: Philosophy

Essays on Ethics Social Behaviour and Scientific Explanation

Essays on Ethics  Social Behaviour  and Scientific Explanation

For example, suppose we find that a given individual is willing to gamble at very unfavorable odds—say, he is willing to pay $5 for a lottery ticket giving him a 1/1000 chance of winning $ 1000. This allows us the inference that his vNM ...

Author: J.C. Harsanyi

Publisher: Springer Science & Business Media

ISBN: 9789401093279

Category: Social Science

Page: 278

View: 554

When John Harsanyi came to Stanford University as a candidate for the Ph.D., I asked him why he was bothering, since it was most un likely that he had anything to learn from us. He was already a known scho lar; in addition to some papers in economics, the first two papers in this vol ume had already been published and had dazzled me by their originality and their combination of philosophical insight and technical competence. However, I am very glad I did not discourage him; whether he learned any thing worthwhile I don't know, but we all learned much from him on the foundations of the theory of games and specifically on the outcome of bar gaining. The central focus of Harsanyi's work has continued to be in the theory of games, but especially on the foundations and conceptual problems. The theory of games, properly understood, is a very broad approach to social interaction based on individually rational behavior, and it connects closely with fundamental methodological and substantive issues in social science and in ethics. An indication of the range of Harsanyi's interest in game the ory can be found in the first paper of Part B -though in fact his owncontri butions are much broader-and in the second paper the applications to the methodology of social science. The remaining papers in that section show more specifically the richness of game theory in specific applications.
Categories: Social Science

The Theory of Gambling and Statistical Logic

The Theory of Gambling and Statistical Logic

As opposed to taking the odds, the contrary play, combined with a don't pass (or don't come) bet, wagers that a 7 ... Craps shooters are accorded no significant strategy other than selection of the wager with the least unfavorable odds.

Author: Richard A. Epstein

Publisher: Academic Press

ISBN: 9780123978707

Category: Games

Page: 465

View: 636

Early in his rise to enlightenment, man invented a concept that has since been variously viewed as a vice, a crime, a business, a pleasure, a type of magic, a disease, a folly, a weakness, a form of sexual substitution, an expression of the human instinct. He invented gambling. Recent advances in the field, particularly Parrondo's paradox, have triggered a surge of interest in the statistical and mathematical theory behind gambling. This interest was acknowledge in the motion picture, "21," inspired by the true story of the MIT students who mastered the art of card counting to reap millions from the Vegas casinos. Richard Epstein's classic book on gambling and its mathematical analysis covers the full range of games from penny matching to blackjack, from Tic-Tac-Toe to the stock market (including Edward Thorp's warrant-hedging analysis). He even considers whether statistical inference can shed light on the study of paranormal phenomena. Epstein is witty and insightful, a pleasure to dip into and read and rewarding to study. The book is written at a fairly sophisticated mathematical level; this is not "Gambling for Dummies" or "How To Beat The Odds Without Really Trying." A background in upper-level undergraduate mathematics is helpful for understanding this work. Comprehensive and exciting analysis of all major casino games and variants Covers a wide range of interesting topics not covered in other books on the subject Depth and breadth of its material is unique compared to other books of this nature Richard Epstein's website: www.gamblingtheory.net
Categories: Games

Lotto

Lotto

If he purchases two tickets , his chance to win first prize becomes 1 in 500,000 ; that to win one of the prized 3 in 500,000 , the odds against him remain the same . In spite of the unfavorable odds , buying lottery tickets is ...

Author: John Gilmore

Publisher: Wipf and Stock Publishers

ISBN: 9781725233324

Category: Religion

Page: 332

View: 753

Did biblical characters gamble in casting lots? Did reliance on casting lots encourage gambling? Do all risk-taking decisions have a gambling element? Are Stock Exchange investments a form of gambling? As more and more Christians are buying lottery tickets, Lotto: Is the Lottery Fun or Folly? examines and argues cogently the biblical, theological, historical, and ethical dimensions of lotteries. It provides up-to-date information on many of the increasingly popular forms of gambling, including charity gambling, but with particular emphasis on lotteries. It explores theological issues and examines biblical and historical viewpoints often overlooked by other works. This book is highly readable style and nonjudgmental in its approach. It offers practical and pastorally sensitive advice on the control of gambling, and each chapter concludes with discussion questions to prompt further study.
Categories: Religion

The Art of Decision Making

The Art of Decision Making

(b) When you are running uphill against unfavorable odds the picture changes radically; in that case it makes a great deal of difference which betting strategy you choose. The chance of going broke is ...

Author: Morton Davis

Publisher: Springer Science & Business Media

ISBN: 9781461210740

Category: Business & Economics

Page: 92

View: 251

Suppose you had the chance to invest in a venture that succeeds half the time. When you fail you lose your in vestment; when you succeed you make a profit of$1.60 for every $1.00 you invest. The odds are 8 to 5 in your favor and you should do well-casinos and insurance companies thrive under less favorable conditions. If you can invest as much as you like, as often as you like, using a betting system that guarantees you can't go broke, common sense suggests you will almost certainly make aprofitafteryou make a large numberofinvestments. In response to yourrequest for a hot stock yourastrologer tells you ABC Inc. will triple in a year (she's really a fraud and picked the stock at random). But since such stocks are rare (one in athousand) you consultan expert and, strangely enough, he confirms the astrologer. From experience you know that the expert diagnoses all stocks, good and bad, correctly, 90% of the time. Common sense suggests you have an excellent chance of tripling your money. You are chairman of acommittee ofthree. Decisions are made by majority rule but if there is no majority your vote as chairman breaks ties. Common sense suggests you will inevitably have more power to determine the outcome than the other members.
Categories: Business & Economics

The Theory of Gambling and Statistical Logic Revised Edition

The Theory of Gambling and Statistical Logic  Revised Edition

Thus, the “field” bet wins with probability 16/36; however, odds of 2 to 1 are offered if the 2 or 12 appears, thereby decreasing ... are offered no significant strategy other than selection of the wager with the least unfavorable odds.

Author: Richard A. Epstein

Publisher: Gulf Professional Publishing

ISBN: 9780080571843

Category: Mathematics

Page: 450

View: 184

[Man] invented a concept that has since been variously viewed as a vice, a crime, a business, a pleasure, a type of magic, a disease, a folly, a weakness, a form of sexual substitution, an expression of the human instinct. He invented gambling. Richard Epstein's classic book on gambling and its mathematical analysis covers the full range of games from penny matching, to blackjack and other casino games, to the stock market (including Black-Scholes analysis). He even considers what light statistical inference can shed on the study of paranormal phenomena. Epstein is witty and insightful, a pleasure to dip into and read and rewarding to study.
Categories: Mathematics

Fractals Chaos Power Laws

Fractals  Chaos  Power Laws

A Greedy Algorithm for Unfavorable Odds In Chapter 6 (pages 150—152), we outlined a strategy for optimally playing a game of chance when the odds are favorable. And we advised against gambling when the odds are unfavorable.

Author: Manfred Schroeder

Publisher: Courier Corporation

ISBN: 9780486472041

Category: Science

Page: 448

View: 550

This fascinating book explores the connections between chaos theory, physics, biology, and mathematics. Its award-winning computer graphics, optical illusions, and games illustrate the concept of self-similarity, a typical property of fractals. The author - hailed by Publishers Weekly as a modern Lewis Carroll - conveys memorable insights in the form of puns and puzzles. 1992 edition.
Categories: Science

Economic Analysis of Markets and Games

Economic Analysis of Markets and Games

However , " long shots " with lowest p , tend , statistics reveal , to have the worst relative odds ; " favorites ” with highest Pn tend to have the least unfavorable odds , and indeed runaway favorites can be worth betting on even to a ...

Author: Frank Ramsey Professor of Economics Partha Dasgupta

Publisher: MIT Press

ISBN: 0262041278

Category: Business & Economics

Page: 640

View: 752

These original essays focus on a wide range of topics related to Frank Hahn's distinguished work in economics. Ranging from market analysis and game theory to the microeconomic foundations of macroeconomics and from equilibrium and optimality with missing markets to economics and society, they reflect the diversity of modem research in economic theory. What distinguishes Hahn's work and many of the essays in this book is that the motivation often comes from practical concerns about unemployment, savings and investment, poverty, or the stability of markets. The essays in Part I deal with the microeconomic foundations of macroeconomics - a field in which Hahn has made important contributions, most notably in the theory of monetary economics. Topics include an evaluation of Hahn's contribution to the theory of distribution and such macroeconomic themes as coordination failure, multiple equilibria, and strategic issues. Part II contains recent contributions to game theory reflecting Hahn's interest in the question of what is rational behavior. The essays in Part III concentrate on general-equilibrium theory with missing markets, a field in which Hahn has made major advances. Although the essays address a different set of issues , they share with Hahn's works such themes as market failure, indeterminacy of equilibrium, and the role of money. Partha Dasgupta is Professor of Economics at Cambridge University. Douglas Gale is Professor of Economics at Boston University. Oliver Hart is Professor of Economics at the Massachusetts Institute of Technology. Eric Maskin is Professor of Economics at Harvard University.
Categories: Business & Economics

Why Are Parents Always Trippin

Why Are Parents Always Trippin

Kids are willing to take on challenges and odds that are definitely unfavorable at times. It seems that one of the most dishonorable things among young people today is when another kid shows what is considered to be "fear.

Author: Michael Anthony Epps

Publisher: Xulon Press

ISBN: 9781597818124

Category: Religion

Page: 140

View: 836

Categories: Religion

A Perfect Mess

A Perfect Mess

... the button provides exactly the same odds of paying out as a pull or press on any other machine of the same model. ... that enables one to see gambling as less subject to randomness in general and to unfavorable odds in particular.

Author: Eric Abrahamson

Publisher: Hachette UK

ISBN: 9781780226477

Category: Business & Economics

Page: 336

View: 266

How Crammed Cupboards, Cluttered Offices, and Off-the-Cuff Planning make the World a Better Place. Like the bestselling Freakonomics or Blink, here is a book that combines a professor's expertise with stories from everyday life to provide a striking new view of how our world works. Ever since Einstein's study of Brownian Motion, scientists have understood that a little disorder actually makes systems more effective. But most people still shun disorder, or suffer guilt over the mess they can't avoid. No longer! With a spectacular array of anecdotes and case studies of the useful role mess can play, here is an antidote to the accepted wisdom that tight schedules, neatness and consistency are the keys to success. Drawing on examples from business, parenting, cooking, the war on terrorism, retail and even the meteoric career of Arnold Schwarzenegger, co-authors Abrahamson and Freedman demonstrate that moderately messy systems use resources more efficiently, yield better solutions and are harder to break than neat ones. A PERFECT MESS will help readers assess what the right amount of disorder is for a given system, and how to apply these ideas on to a large scale - government or society - and on a small scale - in your attic, kitchen or office. A PERFECT MESS will forever change the way we think about those unruly heaps of paper on our desks.
Categories: Business & Economics

Revolutionary Masculinity and Racial Inequality

Revolutionary Masculinity and Racial Inequality

74 These laudatory words reveal the expectation that Cuban soldiers would confront the most unfavorable odds without hesitation. Insurgents underscored their manhood in part by contrasting their own bravery with Spanish cowardice.

Author: Bonnie A. Lucero

Publisher: University of New Mexico Press

ISBN: 9780826360106

Category: History

Page: 344

View: 966

One of the most paradoxical aspects of Cuban history is the coexistence of national myths of racial harmony with lived experiences of racial inequality. Here a historian addresses this issue by examining the ways soldiers and politicians coded their discussions of race in ideas of masculinity during Cuba’s transition from colony to republic. Cuban insurgents, the author shows, rarely mentioned race outright. Instead, they often expressed their attitudes toward racial hierarchy through distinctly gendered language—revolutionary masculinity. By examining the relationship between historical experiences of race and discourses of masculinity, Lucero advances understandings about how racial exclusion functioned in a supposedly raceless society. Revolutionary masculinity, she shows, outwardly reinforced the centrality of color blindness to Cuban ideals of manhood at the same time as it perpetuated exclusion of Cubans of African descent from positions of authority.
Categories: History