Re: anyone know how to calculate standard deviation?
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Variance has nothing to do with % of people getting paid out. Since there are three more places I can finish in, that jacks up the variance. More possibilities, more variance.
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What? This is totally wrong. If there was a tournament that paid 10 places, but only had 11 entrants, the variance would be extremely low. More places you can finish.
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you're looking at this in the wrong way. If I have 100,000 tournaments of data of 6-table and 9-table tournaments for the same player, I guarantee you that the Standard Deviation and the variance itself (as the formula above proves) will be greater for 9-player tournaments.
Thanks shillx!
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The reason it's different is becuase 9 man SNGs have 50/30/20 payout and the 6 man ones have 65/35 payout. Not beacuse there are different amount of entrants.
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You may be right. My head sure hurts.
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