It should be noted that this duration is considerably longer than we naively expect. If two players with 500 dollars each toss a coin until one is ruined, the average duration of the game is 250,000 trials. If a gambler has only one dollar and his adversary has 1000, the average duration is 1000 trials.
William FellerRelated topics
adversary coin duration expect game longer should 500Related quotes
We are no longer fighting a great enemy, we are asserting a great principle: that the talents and dreams of average people - their warm human hopes and loves - should be rewarded by freedom and protected by peace. We are defending the nobility of normal lives, lived in obedience to God and conscience, not to government.
George W. Bush
No, you cannot expect people to understand the higher reaches of philosophy. Culture should be taken out of the hands of the dollar chasers. We need a national subsidy for literature. It is disgraceful that artists are treated like peddlers and that art works have to be sold like soap.
Herbert Marcuse
I never said money is freedom! I said money buys freedom. BUYS! What does that mean, money is freedom? This is ridiculous: Money is freedom. It means nothing. What do you think, that a dollar in a savings account is freedom? Maybe you have understood nothing I have said. You are trying to make me sound like an American average citizen.
Klaus Kinski
