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Old 12-16-2004, 11:28 AM
Monty Cantsin Monty Cantsin is offline
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Join Date: Oct 2003
Posts: 61
Default Winners and Losers

In the theory forum someone started this thread about what percentage of the player population are long term winners.

Specifically, people are wondering why everyone's database breaks down around 60/40 losers/winners and what the significance of this number is.

I don't know enough to say but I have a feeling that a lot posts in this thread demonstrate a fundamental confusion about some basic principles of statistics.

1. Is there a definitive discussion of these issues somewhere that could be linked to?

2. Do any of you statistics types want to come by and drop a little science on us?

Thanks,

/mc
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