Re: Standard Deviation Question, How to do it?
Exactly, you read my mind. (must not have a good Poker face lol) I do realize the samle size is too small to have significance.
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A power distribution is a common model, and easy to use. You assume that the probability of fraction X or less of the players finishing ahead of you is X^a for some a. Using your data suggests a = 0.2894. This imples a 67% chance of finishing in the top quarter, 82% chance of finishing in the top half and 92% chance of finishing in the top three-quarters. Of course given only four tournaments and the arbitrary model, I wouldn't put a lot of weight on these statistics.
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Using the four finishes, 4, 15, 33 and 47 percent, how did you get those numbers? What is x and a?
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