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Professor did not correctly teach the content. The problem describing the question is split into two images, but it is ONE question. A very unpopular
Professor did not correctly teach the content. The problem describing the question is split into two images, but it is ONE question.
A very unpopular math blogger is trying to drive more traffic to their website. The site analytics say that on average, they get about 15 visitors per hour. Let X be a random variable to represent the # of site visitors on a given hour. Assume all visits occur independently.Problem 2: Confidence Interval 2 Ways (25 points) The blogger from the last problem would also like to estimate the site's "bounce rate" p which we will define as the % of users that leave the site after less than 5 seconds. Specifically, they want their estimate p tp be within 1% accuracy with 95% confidence. 1. Use Chebyshev's inequality to determine how many visitors are needed to obtain this estimate. 2. Now use CLT and compare to your answer aboveStep by Step Solution
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