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A Computational And Theoretical Exploration Of The St. Petersburg Paradox, Alexander Olivero
A Computational And Theoretical Exploration Of The St. Petersburg Paradox, Alexander Olivero
Undergraduate Honors Thesis Collection
This thesis displays a sample distribution, generated from both a simulation (for large n) by computer program and explicitly calculated (for smaller n), that is not governed by the Central Limit Theorem and, in fact seems to display chaotic behavior. To our knowledge, the explicit calculation of the sample distribution function is new. This project outlines the results that have found a relation to number theory in a probabilistic game that has perplexed mathematicians for hundreds of years.