#18
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Re: A tough variance problem (at least for me)
[ QUOTE ]
I read your example. It was a confused mess, and the method does not work. [/ QUOTE ] Wow. On the drive home, I realized what a true maroon I was being here. std. deviation is a measure of the variation of individual results around the mean, but for my comparison to work, I would have had to be able to compare against the variation of *accumulated* results around the "accumulated" mean, or average expectation. There's probably a way to do that, but my brain hurts, and it's definitely not as simple as I was trying to make it. Which is exactly what pzhon was saying here: [ QUOTE ] Having a downswing of a particular size is very different from losing that amount in a fixed number of hands. [/ QUOTE ] He just said it far too simply for me to actually understand. You can all stop laughing now. [img]/images/graemlins/smile.gif[/img] Ah well. I told you all I was over my head here, and the easiest way to gain understanding is through massive bouts of stupidity, right? ... RIGHT? [img]/images/graemlins/smile.gif[/img] |
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