lwluiki wrote:
I see your point Harry. Do you have a figure for the MEAN time? I
thought about dividing the MEDIAN time by natural log (2) to get the
mean but wasn't sure how to interpret this. We can also get the mean
by integrating Jazbo's graph.
I haven't spent a whole lot more time on this than I had as of last
night. (Think in terms of fraction of an hour, or less 
I know of no workup of a "mean time to failure" for video poker ;).
And, even having benefited now from a cup of coffee, I've found no
mental inspiration that's turned me onto an easy way at it.
···
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< Warning: Tedious "Half Life" discussion follows ... skip to next
section or, for that matter, the rest of this post
>
Concerning application of natural logs: I assume this idea was
suggested by one of two things: (1) That "short term failure" is
dependent upon not having hit sufficient frequently occurring hands
and therefore might have a natural distribution, or (2) Jazbo's naming
his concept "Half Life".
In the first case, I believe that frequently occuring hands do achieve
a natural distribution within a tangible amount of time, but the time
involved in Jazbo's Half Life concept is far too short to apply here.
As far as the "Half Life" name, I'd have preferred he'd used something
else. The half life concept is a reference to substances that
experience natural decay. They lose half their substance over a
constant period of time, e.g. an element with a 5 minute half life
would be reduced to half it's original mass after 5 minutes, to a
quarter by 10 minutes, an eighth after 15 minutes, etc. This rate of
decay can be quantified in terms of natural logarithms.
Jazbo's name suggests his concept describes the number of hands before
a given bankroll might be halved, not depleted.
At any rate, for his concept, natural logs don't apply.
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Manually integrating the graph might well be the most expediant
solution if you were driven to solve the original question posed.
That's a fun task for a rainy Saturday afternoon of which I haven't
had the pleasure since my freshman calculus course -- and one which I
don't intend to repeat ... might as well set me down at a pick'em
machine for an 8 hr. session (no offense intended to the pick'em
freaks out there).
- Harry