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Results tagged with standard-deviation
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user 187207
Standard deviation is the square root of the variance of a random variable, an estimator thereof, or a similar measure of the spread of a batch of data.
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What is the phenomenon I'm observing here?
I was looking at the St. Petersburg paradox and wanted to make a quick simulation to see the results. I made a quick program simulating 1 Billion "games" and the average of the gain (over several runs …
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