Three competing patterns
Rita Abraham, Jan Vrbik

TL;DR
This paper extends existing formulas for calculating the probability of one pattern winning over another in Bernoulli trials to the case of three competing patterns, providing a broader theoretical framework.
Contribution
It introduces a generalized theoretical approach for analyzing the probabilities of three competing patterns in Bernoulli sequences, expanding prior two-pattern models.
Findings
Derived formulas for three-pattern competition probabilities
Extended the theory from two to three patterns
Provided a comprehensive mathematical framework
Abstract
Assuming repeated independent sampling from a Bernoulli distribution with two possible outcomes S and F, there are formulas for computing the probability of one specific pattern of consecutive outcomes (such as SSFFSS) winning (i.e. being generated first) over another such pattern (e.g. SFSSFS). In this article we will extend the theory to three competing patterns.
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Taxonomy
TopicsStochastic processes and statistical mechanics · Bayesian Methods and Mixture Models · Probability and Risk Models
