Roulette Related Quotes

Perhaps the most important idea is that the rate of reversion to the mean relates to the coefficient of correlation. If the correlation between two variables is 1.0, there is no reversion to the mean. If the correlation is 0, the best guess about what the next outcome will be is simply the average. In other words, when there's no correlation between what you do and what happens, you'll see total reversion to the mean. That's why there's always a small expected loss when you play roulette, whether you've just lost or won chips. Simply having a sense of the correlations for various events can help guide us in making predictions.

Page had been suckered. Podobnyy was a Russian intelligence officer working for the SVR, Moscow’s foreign intelligence service. He was part of a three-man spy ring that had been handed the assignment of gathering information related to potential U.S. sanctions against Russia, American efforts to develop alternative energy, and other economic topics.

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