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  • 1 Post By greg1313
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February 8th, 2018, 03:32 PM   #1
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What is the minimum number of days until the expected value hits $1,000,000?

Given the left page scenario, what is the minimum number of days until the expected value rebalances to $1,000,000?

The diagram on the right demonstrates pictorially how expected values are calculated per day iteration
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February 10th, 2018, 09:39 PM   #2
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By expected value are you referring to the probabilitic meaning or do you mean the point at which you are guaranteed to make $1,000,000? I ask because the latter is possible to never come.
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February 12th, 2018, 07:24 PM   #3
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I solved it. Thanks!
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February 12th, 2018, 07:55 PM   #4
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Would you mind posting your solution?
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February 12th, 2018, 09:00 PM   #5
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Forget it. It's too late to become a bitcoin billionaire.
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000, days, expected, hits, minimum, number

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