Re: Example of Poisson random variable

2000-07-27 Thread Rich Ulrich
On Wed, 26 Jul 2000 11:43:32 -0500, burt <[EMAIL PROTECTED]> wrote: > A casino that I frequent has a "bad beat" jackpot in its poker room. > Without going into all the rules, suffice it to say that the chances of > anyone's hitting the jackpot within any two minute interval is probably > of the o

Re: Example of Poisson random variable

2000-07-27 Thread Robert J. MacG. Dawson
Herman Rubin wrote: > > In article <[EMAIL PROTECTED]>, > burt <[EMAIL PROTECTED]> wrote: > >A casino that I frequent has a "bad beat" jackpot in its poker room. > >Without going into all the rules, suffice it to say that the chances of > >anyone's hitting the jackpot within any two minute int

Re: Example of Poisson random variable

2000-07-27 Thread Herman Rubin
In article <[EMAIL PROTECTED]>, burt <[EMAIL PROTECTED]> wrote: >A casino that I frequent has a "bad beat" jackpot in its poker room. >Without going into all the rules, suffice it to say that the chances of >anyone's hitting the jackpot within any two minute interval is probably >of the order 10*

Example of Poisson random variable

2000-07-26 Thread burt
A casino that I frequent has a "bad beat" jackpot in its poker room. Without going into all the rules, suffice it to say that the chances of anyone's hitting the jackpot within any two minute interval is probably of the order 10**-6. In other words, hitting the jackpot can definitely be construed