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Old 08-03-2009, 08:54 AM   #19
voyager_3
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Quote:
Originally Posted by Arafails View Post
No even that's not right. What you're talking about is average return, and is an observational result, not a function.
Strictly speaking, I'm talking about central moment of the 1st order. And it is a strictly defined function.
"Average" is just a colloquial language - I don't want to use mathematical language, because I don't want to scare people.

Quote:
Originally Posted by Arafails View Post
1.5% chance means that for a single event, it's 197/3 times more likely that another outcome will result.
Yes. So? What's your point?

Quote:
Originally Posted by Arafails View Post
You can't quantify it to to "it will happen this many times per this many events," average or not.
I can quantifiy it to "when you perform infinite number of tries, then number of successes will be 3 per 200 tries".
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