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BGonline.org Forums
Standard deviation of a sample
Posted By: Sam Pottle In Response To: Bob Koca, ask not for whom the bell tolls (Bill Phipps)
Date: Friday, 29 June 2012, at 6:26 a.m.
I checked my own last 50, 7 point matches. My PR was 3.8 with a standard deviation of 1.21. If memory serves, that makes the standard deviation of the sample 1.21/(sqrt of 50) or .17. Meaning, I can be 95% confident that my true PR is somewhere between 3.46 and 4.14
I think you're dividing by sqrt(50) twice. If the standard deviation is 1.21, it's 1.21. The 95% confidence interval would then be 1.38 to 6.22.
Fifty matches is really a very small sample.
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