#16
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Re: ALERT: Poker is a LONG TERM game!
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[ QUOTE ] [ QUOTE ] [ QUOTE ] 18/root(X) = 0.5 [/ QUOTE ] This is on the right track, but not quite right. You've actually found X (or n) needed to get your standard error within 0.5. What you want is for your true rate to be within 0.5. [/ QUOTE ] I said I wanted to just pin my winrate down to plus or minus one BB. That means I need a SE of ~0.5. (Plus or minus two SEs from my sample mean). [/ QUOTE ] I guess we're using different terminology. In probability, the sampling error for a mean is Z*(standard deviation)/n. [/ QUOTE ] No, you and I are talking about two different things. |
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