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The FIBS rating formula : why sqrt(n) ? Because it works!

Posted By: Rich Munitz
Date: Thursday, 15 September 2011, at 11:25 a.m.

In Response To: The FIBS rating formula : why sqrt(n) ? Because it works! (Rich Munitz)

Note that Binomial Distribution(Successes,Trials,PSuccess) is equivalent to the probability that a 1 dimensional random walk of Trials steps ends in a displacement Successes - (Trials - Successes) from the origin. PSuccess is the probability that the drunk stumbles in the positive direction on any given step.

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