Class 25 – Thursday April 26, 2012

Plan: The Massachusetts lottery. The homework due today. Course evaluations.


Small exciting class. We did the Mass lottery house advantage (1%) – a good short review of percentages. Most of the class was about pari-mutuel betting at the races. ending with a discussion of Intrade and crowdsourcing. It wasn’t very quantitative but it was informative.

 


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