Using Statistics and Probabilities to Make Informed Decisions

Today we’re going to look at how we use mathematical modeling in trading and investing. We will consider things like the performance of stocks over time, price predictions, price performance, analyst recommendations, and technical and fundamental analysis. Then we will consider the expectations and probabilities associated with entertainment pursuits. Which games of skill and games of chance are best suited to a tactical and strategic approach? We will consider chess, craps, blackjack, roulette, and slot machine games. Those with higher-expected RTPs (theoretical long-term return to player) are best.










