"Arithmetic Average" or "Quadratic Average" ?

QFIT

Well-Known Member
#3
The artithmetic mean is the arithmetic mean, and the quadratic mean is the quadratic mean. Can't imagine why you would use quadratic means. Unless you've invented a sine wave progression and want to know the RMS amplitude.:)
 
#4
QFIT said:
The artithmetic mean is the arithmetic mean, and the quadratic mean is the quadratic mean. Can't imagine why you would use quadratic means. Unless you've invented a sine wave progression and want to know the RMS amplitude.:)
Norm,

I have had one question for long time, I just wanted to know
what is the background statistical theory of using "quadratic average bet"
for a calculation in this page.
 

QFIT

Well-Known Member
#5
Mersenne Twister said:
Norm,

I have had one question for long time, I just wanted to know
what is the background statistical theory of using "quadratic average bet"
for a calculation in this page.
He's just talking about a short cut method of calculating SD/round in a BJ sim, which is a bit of a problem. I discuss this in the print version of my book. I couldn't use his short cut efficiently in CVData, because CVData allows the user to create oddball side bets, which makes a table of bets impractical.
 
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