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Coin tossing simulation

In his book The Black Swan, Nassim Nicholas Taleb describes a simple way to derive a Gaussian distribution curve. Gamble repeatedly on the outcome of a coin toss. If it's heads, you win a dollar. If it's tails, you lose a dollar. Repeat the experiment for, say, 20 tosses, and record your net winnings. Run the experiment repeatedly, and then plot the frequency of each amount: you get a Gaussian "bell curve".

This program runs the game Taleb describes.

  • clojure/ -- a simple Clojure command line implementation
  • clojurescript -- a web based demonstration

About the author

Edd Dumbill enjoys tinkering. Connect with Edd via Google+.

Further reading

http://www.mathamazement.com/Lessons/Pre-Calculus/10_Sequences-Induction-and-Probability/probability.html

http://en.wikipedia.org/wiki/The_Black_Swan_(Taleb_book)

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