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2012 Aug 04
3
Head or Tails game
Hi,
Reading about a "Heads and Tails" game in
http://www.dartmouth.edu/~chance/teaching_aids/books_articles/probability_book/amsbook.mac.pdf
Introduction to Probability (Example 1.4, pp. 5-8).
You toss a coin 40 times. If heads, Peter wins $1, tails, he loses $1. I
think I can do that ok with:
winnings <- sum(sample(c(-1,1), 40, replace=TRUE))
But I have to do it 10,000 times