Let's say I roll two dice, a d8 and a d12… How do I calculate the probability that the d12 will a) win, b) be equal, c) lose? There is probably a name for this equation, but my google-fu is lacking.
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
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