Exploration-Exploitation Dilemma in Real Life

Tasks to do

Methodology

• Visualisation of distribution

The following are an example of a simple code to plot a normal distribution of mean=0 and sd=1

x = [-3:.1:3];
y = normpdf(x,0,1);
plot(x,y)

• Randomly draw a number from a distribution

A number can be randomly drawn from a distribution by the website

https://www.random.org/gaussian-distributions/

Research reference

• https://www.geeksforgeeks.org/upper-confidence-bound-algorithm-in-reinforcement-learning/
• https://www.turing.com/kb/guide-on-upper-confidence-bound-algorithm-in-reinforced-learning
• https://en.m.wikipedia.org/wiki/Exploration-exploitation_dilemma
• https://towardsdatascience.com/the-exploration-exploitation-dilemma-f5622fbe1e82
• https://www.atlas101.ca/pm/concepts/exploration-exploitation-dilemma/