Random Walk until Ruin or Victory

A random walk until hitting either an exit value at ruin or victory. For more details, see http://www.math.unl.edu/~sdunbar1/MathematicalFinance/Lessons/FirstStepAnalysis/RuinProbs/ruinprobs.html

 

sdunbar

 
Resource Type
Activity
Tags
exploration  or  random  ruin  victory  walk 
Target Group (Age)
16 – 19+
Language
English
 
 
 
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