Poker win rate - stat analysis
Posted by pksmv11235
Posted by pksmv11235 posted in Gen. Poker
Poker win rate - stat analysis
Yo Yo,
I have a statistical question:
You have a sample size of 1k hands.
From that sample you observe an average win rate of 10bb/100.
Q: how would you proceed in answering (with a statistical argument) to the following question:
“How much confidence you are in that result?”
I heard about confidence intervals but i don’t know where to start...
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