Lecture Notes 26 (Wednesday 10/28)

Hi all,

Here are the 9-10 Lecture Notes.

Here are the 12-1 Lecture Notes.

Today the Professor covered a application of exponential growth/optimization(find absolute maxima and minima of a function) as it relates to probability and gambling.

The homework set today: 

1. Answer the follow-up question to today's lecture which is "What is the optimal bet, if we win WX dollars for each bet of x dollars with probability p, where p in [0,1]?"

2. Learn to state precisely both Rolle's Theorem and Mean Value Theorem. Both are found in Ch. 4.2.

Best,

Branden