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 Originally Posted by jackvance
Originally Posted by MadMojoMonkey
Gut check says no.
We're talking about the expected outcome after 100 trials, not the expected outcome of each of the trials.
We actually seem to come to the same conclusion, with only the 1.92 and 1.96 difference.
So your interval [-27.15, +27.15]
This is not the confidence interval though because is strictly about the mean. Probably this has a name in statistics though.
But please look it up.
Sorry. The posts were coming fast and I was behind the thread, and I tried to delete this response before I started my shift, but I guess it missed.
I agree with this range.
EDIT: The CI should be symmetric about the mean. We're using a normal distribution, which is symmetrical about the mean, to model the outcome.
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