Galton Board App

Probability Demonstrator

Published by: Index Fund Advisors

Description

Unlock the power of probabilities and explore the beauty of mathematics in motion with the Galton Board App. This innovative application transforms your mobile device into a dynamic, interactive probability demonstrator that brings centuries-old mathematical concepts to life. The app utilizes your iPhone's and iPad's gyroscope capabilities, creating an immersive experience where the beads appear as if they are rolling around inside your device.
The Galton Board was invented by Sir Francis Galton in 1873 to illustrate the binomial distribution. Through our app, we've recreated this educational tool to demonstrate how, with a large number of beads and rows of hexagons, it approximates the normal distribution - a concept known as the Central Limit Theorem.
Key Features:
• An interactive Galton Board that displays the principles of probabilities and the binomial distribution.
• Detailed explanations of related mathematical concepts, including probability theories, independent identically distributed (IID) random variables, regression to the mean, the law of large numbers, the random walk, the Gambler's Fallacy, and more.
• A "Stock Market Data" version, simulating the probabilities of a range of historical monthly market returns, and demonstrating their correlation with the binomial distribution.
• The 'Historical Monthly Return Beads' featured with the Stock Market Data, where beads fall through the board based on monthly historical returns for a choice of 20 index portfolios.
• Pause or slow-motion options to study the bead movement and distribution patterns in detail.
The Galton Board App is ideal for statistics, math, and stock market enthusiasts. It is not just an app, it's an immersive, hands-on approach to understanding probabilities, the binomial distribution, and the stock market behavior. Presented by Index Fund Advisors, this app is your go-to educational tool. Download now and embark on a fascinating journey into the world of probabilities and the "law of unreason" as referred to by Sir Francis Galton himself!
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Galton Board App FAQ

  • Is Galton Board App free?

    Yes, Galton Board App is completely free and it doesn't have any in-app purchases or subscriptions.

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    Galton Board App is free.

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User Rating
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Ratings History

Galton Board App Reviews

Great product for stats student and fans

EJ's App on

United States

Love this product. The first time I saw a Galton Board was the the Science Museum in Flushing, NY. My mind was blown. I am so glad that a proper digital version was created. It would be awesome if Index Fund Advisors, Inc. could bring the physical product back.

Super helpful for my class!

emmitt687 on

United States

This app was great for helping me understand the concept of bell curves for a class I’m taking this semester! I’m glad it’s out there for students like me :)

This app helped me understand bell curves

Beast mode3737 on

United States

Caden Fuentes! Using this app I was better able to understand what a bell curve was and how to read a bell curve! I showed this app to a few of my friends who are in economics and they were just as impressed as I was on how awesome this app was! It helped me learn and studying for a test that had a few bell curves on it! Over all great app!

Cool!

Prtuyo on

United States

Math in motion? Yes, please!

Great app!!

I can't think of a nick name? on

United States

Professor used this to demonstrate content in class and it helped me understand it so much better!

Review

Ethan H.5688 on

United States

An amazing review love this app I use it daily!

Awesome App

White bronc on

United States

This app is awesome and super easy to use!!

Amazing and beautifully designed

OakTree2024 on

United States

This app has many levels. To fully ‘get it’ one has to know quant finance, some distributions theory ( Binomial and Gaussian) and Efficient Markets. The golden bead is what Active investors should simulate and see where they land. That will convert them to index investing. As an aside by tilting your mobile device you can skew the distribution. Fun! The team that must have coded it also did a great job. A must have for quants or even Dads showing their kids that math 🧮 can be fun!

Super helpful!

adisonnlee on

United States

Omg! This app is amazing! Really helpful! Using this app I was able to better understand the use of a bell curve!

PSYCHOLOGY EXTRA CREDIT

Melanie Wills on

United States

thus app is literally soooo amazing!! It helped me understand the statistical side of my psychology class and it deserves way more downloads and reviews!! Will definitely be recommending it to others!!

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