Two Plus Two Older Archives  

Go Back   Two Plus Two Older Archives > General Gambling > Probability
FAQ Community Calendar Today's Posts Search

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #6  
Old 03-24-2005, 09:33 PM
Lexander Lexander is offline
Member
 
Join Date: Sep 2003
Posts: 47
Default Re: Why is 10,000 hands too small?

Ya, I realised that driving home, and then crashed after class. I knew something was wrong but hadn't pinned it down.

That I suppose addresses much of the question. The estimated standard deviation per hand is sounding like 1.5BB-2.00BB per hand. Higher than I would have thought given how often I fold but win rates are highly skewed. Kind of scary to think that a sample size of 10,000 produces a test with such low power.

And since you were picky about me using a 2-sided t-test (my range, btw, was from a 1-sided t-test but I used a conservative 20BB estimate just to impose more restriction), I will be picky about you referring to it as my 1-sided Confidence Interval. T tests might have a nice CI representation but the test itself is against a 5% upper tail critical region.
Reply With Quote
 


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 03:44 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.