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Forum: Probability

08-08-2006, 10:34 PM

Replies: 13

More tables -- less variance?

Posted By Lexander

Re: More tables -- less variance?

BruceZ,

I must admit I am somewhat confused about your statement that SD/EV does change while Var/EV does not.

Normally standard deviation is just the square root of variance, so if one ratio...

Forum: Probability

08-02-2006, 03:19 AM

Replies: 25

probabilities validity

Views: 113

Posted By Lexander

Re: probabilities validity

Given that I am working to be a statistician, I would say that probability is rather meaningful to what I do.

However, it turns out that the rules to Poker make it possible to use the very exact...

Forum: Probability

05-10-2006, 04:43 PM

Replies: 13

Prob. of no premium hands at 6max table

Views: 107

Posted By Lexander

Re: Prob. of no premium hands at 6max table

Unfortunately not.

The most serious problem is your calculation assumes independent trials, which is not the case here. Players are dealt from a common set of cards, and if one person is dealt a...

Forum: Probability

05-09-2006, 08:30 PM

Replies: 3

Can someone help me with SD

Views: 119

Posted By Lexander

Re: Can someone help me with SD

Keystone,

SD is just a measure of how much variance you have. A poker player can have a very low SD by always folding every hand. The key indicator is really your mean bet/hand which you want to...

Forum: Probability

05-09-2006, 08:13 PM

Replies: 7

proper sample size for data?

Posted By Lexander

Re: proper sample size for data?

Those calculations look correct. It also shows very well I think why the 5% significance level is often used, since that 1% level has no power except at huge sample sizes.

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