PL EN


2010 | 7(10) | 127-134
Article title

ON CHANGING MONEY AND THE BIRTHDAY PARADOX (O rozmienianiu pieniedzy i paradoksie urodzin)

Title variants
Languages of publication
PL
Abstracts
EN
The paper deals with two problems of discrete probability theory that can be included to a curriculum in mathematics or statistics at universities of economics. The first one addresses the question that is interesting for economists: in how many ways one can change a certain amount of money given a fixed set of denominations. One can answer the question using either theoretical or software tools (such as Matlab or Mathematica). The other problem deals with the birthday paradox and its generalization. It is an example when intuition fails.
Contributors
  • Andrzej Wilkowski, Department of Mathematics, Wroclaw University of Economics, ul. Komandorska 118/120, 53-345 Wroclaw, Poland
References
Document Type
Publication order reference
Identifiers
CEJSH db identifier
11PLAAAA107622
YADDA identifier
bwmeta1.element.7d5792cc-e629-310b-9283-42091615e30f
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