Longest runs in coin tossing (Q1892987): Difference between revisions
From MaRDI portal
Latest revision as of 14:05, 23 May 2024
scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Longest runs in coin tossing |
scientific article |
Statements
Longest runs in coin tossing (English)
0 references
3 July 1995
0 references
The paper summarizes results on the longest runs in coin tossing. The precise distribution with asymptotic behaviour and almost sure lower and upper bounds are presented. The theoretical results are compared with simulations. The end of the paper treats two interesting applications. The first example is the roulette and the other is from finance. The authors consider a model of the maximum drawdown.
0 references
exchange rate models
0 references
longest runs
0 references
coin tossing
0 references
almost sure lower and upper bounds
0 references
simulations
0 references
roulette
0 references
finance
0 references
maximum drawdown
0 references
0 references
