12. For a coin, p, the probability of heads is unknown. To estimate p, we flip the...
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12. For a coin, p, the probability of heads is unknown. To estimate p, we flip the coin 5000 times and let bp be the fraction of times it lands heads up. Show that the probability is at least 0.98 that bp estimates p within ±0.05.
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Fundamentals Of Probability With Stochastic Processes
ISBN: 9780429856273
4th Edition
Authors: Saeed Ghahramani
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