Posted by David D'Aquin on July 03, 1997 at 07:03:24: In Reply to: Answers posted by Steve Heston on July 02, 1997 at 21:28:33:Steve, I've played with simulations and have observed exactly the things that you've stated. It is not the concepts I have trouble with but the terminology. Let me just as the question directly, if it has already been answered than it must have gone past me:
Is the expression we use for exponential growth for the expected number of wins equal to the expression for average log growth?
Bn= Bi * [(1+f)^(p*N)] * [(1-f)^(q*N)]This will give us the median win. Does average log growth for N hands yield the median win? If the answer is yes, then the two terms, exponential growth and average log growth, are synonymous.