diff --git a/education/statistics/Probability.md b/education/statistics/Probability.md index 6cc5be7..59062b8 100644 --- a/education/statistics/Probability.md +++ b/education/statistics/Probability.md @@ -72,6 +72,8 @@ To make a box model, answer the following questions: The number of draws is the amount of events. The number of outcomes is the number of tickets In the example of a dice roll, you would create tickets 1, 2, 3, 4, 5, 6, and include the number of times you roll the die next to it. - +m The *expected value*(EV) for the *sum* of all draws is $num_{draws}*ave_{box}$. -The *standard error* for the sum of all draws is the \ No newline at end of file +The *standard error* (SE) for the sum of all draws is $\sigma_{box} \sqrt{num_{draws}}$ + +68% of the data will be within +- 1 SE of the EV. \ No newline at end of file