Two Plus Two Older Archives CONFIDENCE %'S
 FAQ Members List Calendar Search Today's Posts Mark Forums Read

#1
04-26-2005, 12:43 PM
 TEKEE Junior Member Join Date: Mar 2005 Posts: 26
CONFIDENCE %\'S

How large should your sample size be in order to gain your maximum confidence level? is 99.99% possible if so give me sample size to achieve this result please. thanks in advance
#2
04-26-2005, 12:49 PM
 elitegimp Junior Member Join Date: Apr 2004 Location: boulder, CO Posts: 14
Re: CONFIDENCE %\'S

Sample size is related to the size of your interval, not the confidence of it. The bigger the sample size, the smaller your interval is.

For example (totally made up numbers):
You can have a 99.99% confidence interval of (0.3,3.7), and then increase your sample size so that the 99.99% confidence interval is (1.3,2.7)

Perhaps a better question would be: how big should my sample size be to have a 99.99% confidence interval of length 1? (and the answer will be "it depends on the standard deviation")

 Thread Tools Display Modes Linear Mode

 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 Rules
 Forum Jump User Control Panel Private Messages Subscriptions Who's Online Search Forums Forums Home Two Plus Two     Two Plus Two Internet Magazine     About the Forums     MOD DISCUSSION     ISOP General Poker Discussion     Texas Hold'em     Beginners Questions     Books and Publications     Televised Poker     News, Views, and Gossip     Brick and Mortar     Home Poker     Poker Beats, Brags, and Variance     Poker Theory Limit Texas Hold'em     Mid- and High-Stakes Hold'em     Medium Stakes Hold'em     Small Stakes Hold'em     Micro-Limits     Mid-High Stakes Shorthanded     Small Stakes Shorthanded PL/NL Texas Hold'em     Mid-, High-Stakes Pot- and No-Limit Hold'em     Medium-Stakes Pot-, No-Limit Hold'em     Small Stakes Pot-, No-Limit Hold'em Tournament Poker     Multi-table Tournaments     One-table Tournaments Other Poker     Omaha/8     Omaha High     Stud     Other Poker Games General Gambling     Probability     Psychology     Sports Betting     Other Gambling Games     Rake Back     Computer Technical Help Internet Gambling     Internet Gambling     Internet Bonuses     Software 2+2 Communities     Other Other Topics Other Topics     Sporting Events     Politics     Science, Math, and Philosophy     The Stock Market

All times are GMT -4. The time now is 05:04 PM.