To illustrate the law of large numbers, use the normalapproximation to the binomial distribution to determine the probabilities that the proportion of heads will be any-where from 0.49 to 0.51 when a balanced coin is flipped (a) 100 times;(b) 1,000 times;(c) 10,000 times.
To illustrate the law of large numbers, use the normalapproximation to the binomial distribution to determine the probabilities that the proportion of heads will be any-where from 0.49 to 0.51 when a balanced coin is flipped (a) 100 times;(b) 1,000 times;(c) 10,000 times.
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....
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To illustrate the law of large numbers, use the normal
approximation to the binomial distribution to determine
approximation to the binomial distribution to determine
the probabilities that the proportion of heads will be any-
where from 0.49 to 0.51 when a balanced coin is flipped
where from 0.49 to 0.51 when a balanced coin is flipped
(a) 100 times;
(b) 1,000 times;
(c) 10,000 times.
(b) 1,000 times;
(c) 10,000 times.
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