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the only thing I can think of and I am not a statictian...
It is something like having 6 deviations from the mean....
I think if you moved over to 80% chance of something you are in pretty nice
territory..
Don
----- Original Message -----
From: "Prosper" <brente@xxxxxxxxxxxx>
To: "Real Traders" <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, August 01, 2001 1:39 PM
Subject: [RT] Statistical - Greater part of a whole question.
> Hi,
>
> Can any of you statisticians, or otherwise, tell me if there is a
> statistical value for the greater part of a whole. I know that when
rounding
> a fraction that any value that is greater than or equal to .50 is rounded
> up. What I'm thinking of, is when a greater part of a whole about is
> statistically close enough to the whole amount to be valid. For example
when
> thinking about it .75 is still .25 short of the whole, that still seems
like
> a significant amount. I decided that an amount greater than .85 was at
least
> in my mind the psychological greater part of a whole but I'd like to know
if
> there is a statistical value for it.
>
> Thanks,
>
> Prosper
>
>
>
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