Financial Math Students

Friday Jan 09, 2009

What Probability and Forrest Gump Teach Us About Lotteries

This should be an interactive and entertaining talk...  hope to see you there!

Department of Statistics Seminar
North Carolina State University
Presents
Dr. Ronald Waserstein
 Executive Director of American Statistical Association
 
What Probability and Forrest Gump Teach Us About Lotteries
 
ABSTRACT
In just a few decades, lotteries have become nearly ubiquitous in the US as a resource for state funds.  In this non-technical talk, we will look at how lotteries (including the North Carolina Education Lottery) work and what your chances are of striking it very rich.  Then we will use a computer game to simulate participation in a lottery.  We'll see that we can learn from Forrest Gump a valuable lesson, even beyond his mama's immortal words, "Stupid is as stupid does."

Friday, January 9, 2009
3:35 pm-4:35 pm
232A Withers
 
Refreshements will be served outside of 232A Withers at 3:00pm.  

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