Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question about Central limit theorem and binomial distribution: Someone wants to investigate the subscription rate p of Netflix in Monash University, and they take the

Question about Central limit theorem and binomial distribution:

Someone wants to investigate the subscription ratepof Netflix in Monash University, and they take the average frequency of all surveyed people as an estimatek forp. Now it is necessary to ensure that there is at least 90% certainty that the difference between the surveyed ratekand the actual ratepis not more than 5%. How many people at least should take the survey?

Please give some explanation

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Linear Algebra With Applications

Authors: Gareth Williams

7th Edition

0763790923, 9780763790929

More Books

Students also viewed these Mathematics questions

Question

Subjective norms, i.e. the norms of the target group

Answered: 1 week ago