Advanced search
Discuss PokerTracker, GT+, PokerAce and Others
Moderators: excession, LPF Police Department
by Kalle » Mon Jul 04, 2005 7:34 am
I went through my PT stats and I found something called Standard deviation (under session notes - more details). I think I had something about this in highschool, but I cant remember what it was about.
What does Standard deviation mean? What is it? And what would be a "good number" of BB/100 hands to have in PT?
-
Kalle
-
- Posts: 307
- Joined: Sat Nov 27, 2004 10:55 am
- Location: Copenhagen
by T-Rod » Tue Jul 05, 2005 8:16 am
Standard deviation is a measure of variance and without getting too technical it basically measures your swings. You add and subtract your SD to get a "range." Let's say your BB/100 is 1 and your standard deviation is 2. Are you a winning player? It's hard to say. Because the swings are 1-2= -1 and 1+2=3. Within 1 standard deviation you are in the range of -1 BB/100 and 3 BB/100.
Statistically speaking, 68% of all results are within 1 standard deviation and 95% of all results are within 2 SDs. So lets say your BB/100 was 5 and the SD was 2. Then you could say with 95% certainty that you are a profitable player as a 2SD range is from 1 to 9 BB/100.
I'm not sure what a good one is for a player. I'd love to hear what the forum has for their numbers.
Tim
-
T-Rod
-
- Posts: 5794
- Joined: Fri Jun 03, 2005 12:09 pm
- Location: Dallas, Texas
Return to PokerTracker and Other Tools
Who is online
Users browsing this forum: No registered users and 1 guest