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Old 01-18-2006, 10:21 AM
Phil153 Phil153 is offline
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Join Date: Oct 2005
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Default Re: 95% confidence in number of AA-JJ in 10,000 hands.

Best way to get a feel for this is to play around with a binomial calculator.

http://www.stat.sc.edu/~west/applets/binomialdemo.html (java applet with graph)
http://www.swogstat.org/stat/public/...calculator.htm (non java)

N is number of trials, p is probability (for AA, p = 1/221 ~= 0.00452, for AA-JJ, p ~=0.0181). Then enter different values for X or t and see how likely different frequencies are. Use the "at least" or "more than" functions to see how many lie above and below that number.

For example, using the java based calculator above with N=1000, p = 0.0045, X = 0, the probability that you will get zero AA out of N = 1000 hands is 1.1%. The probability of getting more than 7 is 8.6%
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