Probability Normal Distribution of Complex Numbers We consider the probability density function of the normal distribution when the random variable is a complex number. We also briefly touch upon Brownian motion of complex numbers. 2024.10.23 Probability
Probability Probability Distribution on the Sphere This article consider a probability distribution that is uniformly distributed on a sphere. In the case of a two-dimensional sphere, the probability distribution of each coordinate has a uniform distribution, and has some interesting properties. 2024.09.08 Probability
Probability How Machine Learning Works Although it may seem a little late to be saying this, I feel like I've finally come to understand what makes machine learning different from other data analysis methods such as regression analysis and how it works, so I'll give a brief explanation here. 2024.08.30 Probability
Probability The Kelly Criterion in Gambling: Implementation Some readers may want to try using the Kelly Criterion, so I have included the source code in VBA and python. This will probably be the last in "The Kelly Criterion in Gambling" series. 2024.07.20 Probability
Probability The Probability Distribution of Composites of Normal Random Numbers For two random numbers that follow a normal distribution, the probability distribution that their sum, product, ratio, etc. follow is shown. 2024.07.18 Probability
Probability Extension of the Kelly Criterion in Gambling: Mean-Variance Utility Function As another variant of the Kelly criterion, we define the utility function in terms of the mean and variance of the assets and consider the problem of maximizing it. 2024.07.12 Probability
Economics Extension of the Kelly Criterion in Gambling: CRRA-type Utility Function In this article, we extend the Kelly criterion to a more general utility function (CRRA-type utility function) and explain how to determine a betting portfolio based on a gambler's risk aversion. 2024.07.06 EconomicsProbability
Probability The Kelly Criterion in Gambling This article will explain the specific calculation method of the Kelly criterion in gambling according to Kelly's paper. 2024.06.24 Probability