Well, if you have your small bore rifle lot tested by Eley or Lapua, their computer system does composite groups. Both of these companies have wind tunnels. And, they pile on the groups to achieve 40 shot composite groups. I think that is because each small bore "match" is 40 rounds. A 120 round match is three of these, typically the Dewar, which is 20 shots 50 yards, 20 shot 100 yards. Then 40 shots 100 yards, and back to 50 meters for 40 shots.
this is a National champ, 20 shots, prone with sling, irons at 50 yards. We shot two of these targets before going into the Dewar, for it was a 160 round match.
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There is an excellent article at the end of the Oct 2014 Shooting Sports USA on group size and accuracy:
http://www.nxtbook.com/nxtbooks/nra/ssusa_201410/ This foundational article was written by small bore prone competitors who wanted to shoot perfect scores. In small bore prone a Match is a 40 shot event of two twenty shot targets. The typical 1600 round Smallbore bore prone tournament is 160 rounds fired for record, divided up into four 40 round Matches. Therefore the referenced article assumes that a 40 round group is the baseline.
As anyone can see in table six, at least at 100 yards, a five shot group is 59% of the size of a 40 shot group, a 10 shot 74%, and a twenty shot 88%.
This is another good article on the limitations of five shot groups
Accuracy Testing: Shortcomings Of The Five-Shot Group
by Brad Miller, Ph.D. - Wednesday, September 25, 2019
https://www.ssusa.org/articles/2019/9/25/accuracy-testing-shortcomings-of-the-five-shot-group
one that addresses statistics for accuracy.
Shot Group Statistics for Small Arms Applications
https://apps.dtic.mil/sti/pdfs/AD1034885.pdf
you may have to go to the main DTIC web site and then find it, as Government web sites are consistently changing and churning.
I do consider the inprint crowd trick of firing three, three shot groups and taking an average to be a bogus measurement of accuracy. Averages tend to make the numbers smaller, and that is what everyone wants, right? And, because they shoot three shot groups, I constantly see reoirted half MOA cast bullet groups for 30-30 lever actions. I suspect you don't see many 30-30 lever actions on the F class firing lines, do you? Would never know those things are not capable of winning an F Class championship by what is reported in the periodicals. And readers take these numbers seriously. If however you are a competitive shooter, what counts is what goes in the middle.
My F Class buds, their barrels don't last long enough to conduct extensive load development. A bud of mine, shot 400 rounds locally before going to Whittington for the F Class Nationals. Before he had completed all the individual and team matches, his barrel wore out. It was around 1000 rounds. I looked up his scores, he did very well and then, one day, he was just above the DNR shooters. His bullets were keyholing. He said
"the match winner had over 2000 rounds through his barrel!"
Well, the match winner had a barrel that by chance, came from a different end of the billet. Bud only fires the smallest number of rounds to sight in his scope, and give himself confidence that the rifle likes his loads.
Love your pictures of New Mexico. Truly the Land of Enchantment. I swear I could see Australia, just on the horizon, from the top of Sandia Peak