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eXtreme Gammon question

Posted By: Bob Koca
Date: Wednesday, 26 August 2009, at 6:38 p.m.

In Response To: eXtreme Gammon question (Phil Simborg)

Just remember that in a normal distribution that about 5% of data are more than 2 std. dev away from the mean and about 0.3% are more than 3. So Phils 95% confidence value corresponds to about 2 JSD.

For those seeking further study investigate why it is called 95% confidence instead of 95% probability.

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