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Possible Answers: Odds.
Last seen on: Daily Celebrity Crossword – 7/11/18 Wayback Wednesday
Random information on the term “Odds”:
The bean machine, also known as the Galton Board or quincunx, is a device invented by Sir Francis Galton:63f to demonstrate the central limit theorem, in particular that the normal distribution is approximate to the binomial distribution. Among its applications, it afforded insight into regression to the mean or “regression to mediocrity”.
The Galton Board consists of a vertical board with interleaved rows of pegs. Beads are dropped from the top, and when the device is level, bounce either left or right as they hit the pegs. Eventually, they are collected into bins at the bottom, where the height of bead columns accumulated in the bins will eventually approximate a bell curve. Overlaying Pascal’s triangle onto the pins shows the number of different paths that can be taken to get to each bin.
Large-scale working models of this device created by Charles and Ray Eames can be seen in the Mathematica: A World of Numbers… and Beyond exhibits permanently on view at the Boston Museum of Science, the New York Hall of Science, or the Henry Ford Museum. Another large-scale version is displayed in the lobby of Index Fund Advisors in Irvine, California.