Electronic Proceedings of the Twenty-fourth Annual International Conference on Technology in Collegiate Mathematics

Orlando, Florida, March 22-25, 2012

Paper S085

This is an electronic reprint, reproduced by permission of Pearson Education Inc. Originally appeared in the Proceedings of the Twenty-fourth Annual International Conference on Technology in Collegiate Mathematics, ISBN 0-321-869699, Copyright (C) 2013 by Pearson Education, Inc.


Investigating the St. Petersburg Paradox with Maple

Joel C. Fowler


Southern Polytechnic State University

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ABSTRACT

We explore problems associated with the Saint Petersburg Paradox, beyond the usual expected value computation for a single play of the game. Maple is used to simulate repeated plays of the game, as well as for the computation of various theoretical probabilities relating to the game.

Keyword(s): Maple, probability