Martingale (probability theory)
Model in probability theory / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Martingale (probability theory)?
Summarize this article for a 10 year old
SHOW ALL QUESTIONS
For the martingale betting strategy, see martingale (betting system).
In probability theory, a martingale is a sequence of random variables (i.e., a stochastic process) for which, at a particular time, the conditional expectation of the next value in the sequence is equal to the present value, regardless of all prior values.