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175927.1
Date: 2/26/2011 9:33:52 AM
Overall Posts Rated:
1111
I was on BBstats and I looked at my league and it said my team's std dev. is $ 1 887 but i dont know what std dev. means, so could you tell me?

Last edited by Future NBA Hall of famer at 2/26/2011 9:34:12 AM

This Post:
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175927.2 in reply to 175927.1
Date: 2/26/2011 10:44:57 AM
Overall Posts Rated:
205205
It's the standard deviation. Basically it tells you if a team has a balanced roster (low standard deviation) or an unbalanced one (high standard deviation). Usually, one expects the salaries to be distributed in such a way that 70% of all salaries lie between
[average salary]-[sd dev] and [average salary]+[std dev.]

This Post:
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175927.3 in reply to 175927.2
Date: 2/26/2011 10:52:23 AM
Overall Posts Rated:
1111
could you simplify that? since i am still in jr high i have no idea what you are saying( and i have a 92% in math). please and thank you

This Post:
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175927.4 in reply to 175927.2
Date: 2/26/2011 11:00:30 AM
Overall Posts Rated:
1313
where could i get the acesskey to login? lol

This Post:
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175927.5 in reply to 175927.3
Date: 2/26/2011 11:03:35 AM
Overall Posts Rated:
205205
I'll try. Basically, the standard deviation tells you where the majority of your salaries are - namely, more than 2/3 are at most std dev away from your average salary, and more than 9/10 are at most 2*std dev away from it. It is additional information beyond the average salary to tell you if there are one or two guys having a large influence on the salary or not.

I could also give you the formula, but that one is quite complicated if you haven't had probabiliy theory yet (which would be unlikely in jr high math).

This Post:
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175927.6 in reply to 175927.4
Date: 2/26/2011 8:40:26 PM
Overall Posts Rated:
1111
you make it lol go to http://www.buzzerbeater.com/prefs/profile.aspx then click create/change accesskey lol

This Post:
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175927.7 in reply to 175927.5
Date: 2/26/2011 8:42:37 PM
Overall Posts Rated:
1111
Thanks i get it now+1

Last edited by Future NBA Hall of famer at 2/26/2011 8:43:14 PM

This Post:
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175927.8 in reply to 175927.7
Date: 2/27/2011 4:35:23 AM
Overall Posts Rated:
1313
thnaks man ;)