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Roulette-focused => Outside The Box => Topic started by: Anastasius on May 06, 11:43 AM 2019

Title: Standard deviation
Post by: Anastasius on May 06, 11:43 AM 2019
Is standard deviation how far outside of its average expected hit range a number ventures..

My question anyway isnt that  its ... how much more than its expexted range can a number hit over millions of spins. . Maximum ever... so it should  have hit 500 times. .. but it hits 600 and thats the most high it ever hits above average or 1 /37
Title: Re: Standard deviation
Post by: Firefox on May 07, 08:38 PM 2019
Standard deviation is SQRT (npq)

So put in n=1,000,000 p=1/37  q=36/37 and do the arithmetic.

Over that number of spins, normal distribution applies so within one SD off mean is 68% chance, within two SD is 95% etc.

Take a look at this website

link:s://towardsdatascience.com/understanding-the-68-95-99-7-rule-for-a-normal-distribution-b7b7cbf760c2

Mean is 1,000,000/37 ;)