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.
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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, and not likely to be due to random variation alone - Scheme of statistical inference (similar to proof by contradiction): o Initial claim/presumption o Observe (conduct study) and model (a distribution assuming claim) o Calculate probability (likeliness of observation if claim were true) o
Textbook: Probability and Statistical Inference
Author: Robert V. Hogg, Elliot Tanis, Dale Zimmerman
The full step-by-step solution to problem: 5.8-5 from chapter: 5.8 was answered by , our top Statistics solution expert on 07/05/17, 04:50AM. This textbook survival guide was created for the textbook: Probability and Statistical Inference , edition: 9. This full solution covers the following key subjects: . This expansive textbook survival guide covers 59 chapters, and 1476 solutions. Probability and Statistical Inference was written by and is associated to the ISBN: 9780321923271. The answer to “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.” is broken down into a number of easy to follow steps, and 30 words. Since the solution to 5.8-5 from 5.8 chapter was answered, more than 343 students have viewed the full step-by-step answer.