Character recognition An automatic character recognition device can successfully read about 85% of handwritten credit card applications.
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Character recognition An automatic character recognition device can successfully read about 85% of handwritten credit card applications. To estimate what might happen when this device reads a stack of applications, the company did a simulation using samples of size 20, 50, 75, and 100.
For each sample size, they simulated 1000 samples with success rate p = 0.85, and constructed the histogram of the 1000 sample proportions, shown here. Explain how these histograms change as the sample size increases. Be sure to talk about shape, centre, and spread.
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Related Book For
Stats Data And Models
ISBN: 9780134301051
3rd Canadian Edition
Authors: Richard De Veaux, Paul Velleman, David Bock, Augustin Vukov, Augustine Wong
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