Stocks & Commodities V. 33:09 (7, 54): Letters To S&C by Technical Analysis, Inc.

Stocks & Commodities V. 33:09 (7, 54): Letters To S&C by Technical Analysis, Inc.
Item# V33C09_055LETT
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Letters To S&C by Technical Analysis, Inc.



In looking at Stephen Massel’s article “Shannon Entropy” in the August 2015 STOCKS & COMMODITIES, he gives message 1 as “0101110100110001” and message 2 as “1110001110000111.”

In the table of Figure 1 in the article, it shows that pattern 10 occurred three times for message 1, but should it have been four times instead? And accordingly, the probabilities for message 1 would be as follows:

(11, P=3/15) , (10 , P=4/15) , ( 01 , P=5/15) , (00 , P=3/15)

As for message 2, pattern 10 occurred two times instead of five, and the probabilities for message 2 should be as follows...

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