If the distribution of Y is b(n, 0.25), give a lower bound for P(|Y/n 0.25| < 0.05) when (a) n = 100. (b) n = 500. (c) n = 1000.

Calculating Probability and Drawing Inference using Central Limit Theorem for mean: - Ex1. Determining whether the mean lifetime claimed by a light bulb company is true in reality (refer to lecture 19 for a thorough example) - Statistical significance is when an effect in a study is real,...