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Old 05-13-2004, 09:36 AM
Im Just A Bill Im Just A Bill is offline
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Join Date: Mar 2004
Location: Texas
Posts: 16
Default Re: Sit n Go Standard Deviation Question

Just calculate based on individual data points of your return. If you want to make independant of entry fee size, just divide. So, for a loss your data would be -30/30 or -1 (1 entry fee loss). For 3rd place, 30/30=1 (or a 1 entry fee win), etc. From the data points, you can easily calculate mean and sd using standard stats forumlas.
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