We have often observed the success of television networks in forecasting elections. This is a good example
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We have often observed the success of television networks in forecasting elections. This is a good example of the successful use of probability methods in applied problems.
Consider how elections can be predicted by using relatively small samples in a simplified example. An election forecaster has obtained a random sample of 900 voters, in which 500 indicate that they will vote for Susan Chung. Should Susan anticipate winning the election?
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Related Book For
Statistics For Business And Economics
ISBN: 9780273767060
8th Global Edition
Authors: Paul Newbold, Mr William Carlson, Ms Betty Thorne
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