testingYASAIwithDice

testingYASAIwithDice - A simple example Suppose there are 4...

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A simple example Prob bet 2.5 7 2 15 0.42 over seven 0 5 0 10 0.17 seven 10 20 5 40 0.42 under seve 2 2 1 15 winning #NAME? #NAME? #NAME? #NAME? expected 0.0 -0.8 -0.8 2.1 Die1 #NAME? die2 #NAME? sum #NAME? Wager #NAME? Win #NAME? Win #NAME? Suppose there are 4 games of dice ech with different initial bet and different wining prizes. All four look at three different outcomes: sum of numbers turned up is larger than 7, equal to seven or less than seven. Our goal is to see which one of the four games have a better expected value of winning. Farid Aliza Using proba calculate the the four gam simulated va Farid Alizadeh: The parameter statement syas that this value has to run over numbers in cells E8:H8
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adeh: abilities in column C we can e actual expected payoff from mes. Compare them with the alues .
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YASAI Simulation Output Workbook testingYASAIwithDice.xls YASAI Version: 2 Sheet Dice Use Same Seed? Yes Start Date 4/12/2009 Random Number Seed: 85314.95 Start Time 11:41:54 PM Run Time (h:mm:ss) 0:00:02
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This note was uploaded on 12/17/2010 for the course MSIS 623:386 taught by Professor Markowitz during the Fall '09 term at Rutgers.

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testingYASAIwithDice - A simple example Suppose there are 4...

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