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Old 06-14-2007, 01:26 PM
1p0kerboy 1p0kerboy is offline
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Default Mathematics of Poker: Question on page 72 (x-post in books)

Where the author is doing a standard deviation problem about a third of the page down he says that 2/sqtN=0.005.

Where did he come up with 0.005? Did this come from the confindence level and winrate accuaracy desired?
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Old 06-14-2007, 02:57 PM
Tiki Tiki is offline
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Default Re: Mathematics of Poker: Question on page 72 (x-post in books)

0.005 is the Standard Error required for a 95% CI. He wanted to know his true win-rate to within 0.01 BB/h (ie 1bb/100hands).

2*SE=0.01 (for 95% CI)

SE = 0.005
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