Sunday, March 23, 2008

Tim's Correction

So I learned something from the binomial stock price model.

Namely, my Tim's calculation is ok, but has nothing to do with Poisson. In fact, the binomial distribution is only ok because I am using a probability of success given by the uber-wise marketing folk that is supposedly constant for the duration of the game.

Well no, I am not ripping off the tabs and mailing them back to head office for re-use into those ubiquitous red-and-yellow cups. But while the pool is not limitless, the apparent success rate is.

Quite the assumption, I agree...