Two Plus Two Newer Archives  

Go Back   Two Plus Two Newer Archives > Other Topics > Science, Math, and Philosophy
FAQ Community Calendar Today's Posts Search

Reply
 
Thread Tools Display Modes
  #1  
Old 11-07-2007, 12:45 AM
jogger08152 jogger08152 is offline
Senior Member
 
Join Date: Jul 2004
Posts: 1,510
Default statistics/standard deviation question from a non-math guy

Suppose a given game has a payout frequency of 1 in 8.
How "lucky" would a player have to be to win 80 trials out of 160? IE, how abnormal would this result be? Intuition tells me such an outcome would be freakishly unlikely, but I'd really like to get my arms around how to compute a precise answer.

Thanks,
Jogger
Reply With Quote
  #2  
Old 11-07-2007, 12:54 AM
ballin4life ballin4life is offline
Senior Member
 
Join Date: Jun 2006
Posts: 542
Default Re: statistics/standard deviation question from a non-math guy

Binomial Distribution with n=160 p=.125

The chance of him winning exactly 80 trials is miniscule (my calculator gives a result on the order of 10^(-30)

The chance of him winning 80 or more trials is slightly greater but still miniscule (my caluclator gives an answer of 0).

http://en.wikipedia.org/wiki/Binomial_distribution
has the general formula (it's hard to type out but fairly simple to understand) and lots of other info.
Reply With Quote
  #3  
Old 11-07-2007, 02:10 AM
jogger08152 jogger08152 is offline
Senior Member
 
Join Date: Jul 2004
Posts: 1,510
Default Re: statistics/standard deviation question from a non-math guy

Thanks bro, that's exactly what I was looking for.
Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 07:05 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.