Results 1 to 2 of 2

Math Help - Strange Question

  1. #1
    Newbie
    Joined
    Aug 2008
    Posts
    9

    Strange Question

    Hi!
    I am wondering what is the expected return on earning an infinite sum of money which has an almost zero chance of occurrence - probability of, say, one in a trillion (but NOT zero). Will the expected return be still infinite?
    Thanks
    Follow Math Help Forum on Facebook and Google+

  2. #2
    Flow Master
    mr fantastic's Avatar
    Joined
    Dec 2007
    From
    Zeitgeist
    Posts
    16,948
    Thanks
    5
    Quote Originally Posted by dima777 View Post
    Hi!
    I am wondering what is the expected return on earning an infinite sum of money which has an almost zero chance of occurrence - probability of, say, one in a trillion (but NOT zero). Will the expected return be still infinite?
    Thanks
    Pascal's Wager - Wikipedia, the free encyclopedia makes interesting reading in context.

    It would probably depend on the other outcomes ...... Pr(gaining infinite sum of money) = 1/10000000000, what if Pr(losing everything) = 999999999/10000000000 .....? What's the expected return .......?
    Follow Math Help Forum on Facebook and Google+

Similar Math Help Forum Discussions

  1. a strange question
    Posted in the Differential Geometry Forum
    Replies: 10
    Last Post: November 24th 2011, 08:07 AM
  2. strange question.
    Posted in the Statistics Forum
    Replies: 2
    Last Post: December 2nd 2009, 06:39 AM
  3. strange question
    Posted in the Calculus Forum
    Replies: 1
    Last Post: May 27th 2009, 01:54 PM
  4. Strange question
    Posted in the Algebra Forum
    Replies: 2
    Last Post: June 11th 2008, 07:49 AM
  5. Strange Question.
    Posted in the Trigonometry Forum
    Replies: 7
    Last Post: May 14th 2008, 02:46 PM

Search Tags


/mathhelpforum @mathhelpforum