8a. "There are no stupid questions, only stupid people."
Date: Mon Jul 14, 2008 5:32 pm ((PDT))
I just wrote:
Another way is to say EV is the contribution of skill, and variance is the
contribution of luck; again, most people can grasp that too.
Actually, it might be better to say that standard deviation is the contribution of luck, and variance tells how much more or less luck you need with a particular game to get your EV.
--BG
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