
11th January 2005, 07:28 PM
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Member
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Join Date: Jan 1970
Posts: 696
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Losing runs
To find your longest losing run of losses to a 99% confidence level do as follows;
=sum(1-(Losing % ^(to the power of) N (N=number of Losses) this will provide a % when you get to 99% this should equate to your longest losing run
example win%= .092 Losing % .908
=sum(1-(.908^5losses)=.382
=sum(1-(.908^17losses)=.806
Cheers
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