What is the minimum number of Monte Carlo replicates we'd need to perform a randomization test if we could safely assume a true p-value of 0.4 under the null with an accuracy of 0.0005? O 1.000.000 O 960.000 O250,000 O 240,000

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter9: Counting And Probability
Section9.3: Binomial Probability
Problem 1E: A binomial experiment is UDC in which there are exactly __________ outcome. One outcome is called...
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What is the minimum number of Monte Carlo replicates we'd need to perform a randomization test if we could safely assume a true p-value of 0.4 under the null with an
accuracy of 0.0005?
O 1,000,000
O 960,000
O 250,000
O 240,000
Transcribed Image Text:What is the minimum number of Monte Carlo replicates we'd need to perform a randomization test if we could safely assume a true p-value of 0.4 under the null with an accuracy of 0.0005? O 1,000,000 O 960,000 O 250,000 O 240,000
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