#1
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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? |
#2
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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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