1. Using the formulation in Section 10.3, plot the bet size (m) as a function of the maximum predicted probability
2. Draw 10,000 random numbers from a uniform distribution with bounds
(a) Compute the bet sizes m for
Save your time - order a paper!
Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlinesOrder Paper Now
(b) Assign 10,000 consecutive calendar days to the bet sizes.
(c) Draw 10,000 random numbers from a uniform distribution with bounds
(d) Form a pandas series indexed by the dates in 2.b, and with values equal to the index shifted forward the number of days in 2.c. This is a t1 object similar to the ones we used in Chapter 3.
(e) Compute the resulting average active bets, following Section 10.4.