How to calculate SD?
May 17th, 2016 at 1:54:33 AM
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Morning All?
If I have a slot machine with a house edge (e.g. 3%) and I know its low variance, how would I go about calculating the standard deviation?
Many Thanks in advanced
If I have a slot machine with a house edge (e.g. 3%) and I know its low variance, how would I go about calculating the standard deviation?
Many Thanks in advanced
May 17th, 2016 at 3:08:31 AM
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| Standard deviation is the square root of variance. |
|---|
| http://www.mathsisfun.com/data/standard-deviation.html |
June 18th, 2017 at 3:29:36 AM
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Hi,
I can give you a tutorial if you want for a low fee.
I can give you a tutorial if you want for a low fee.
June 18th, 2017 at 10:39:56 AM
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Quote: many many peopleStandard deviation is the square root of variance
Although this is true I usually figure this is a purposefully unhelpful response, sort of tongue-in-cheek. It makes *me* laugh anyway. Am I all wet?
Usually the SD can be looked up for games, or you can find the variance [in which case the above is relevant], or you can guess about it from a similar game. see link for VP.
https://wizardofodds.com/games/video-poker/appendix/3/
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!” She is, after all, stone deaf. ... Arnold Snyder
