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Suppose that 52 percent of the population are in favor of a policy. Approximate the probability that at least 50 percent of an i.i.d. sample
Suppose that 52 percent of the population are in favor of a policy. Approximate the probability that at least 50 percent of an i.i.d. sample of size n are in favor of the policy, where (a) n = 10; (b) n = 100; (c) n = 1000; (d) n = 10000. (No need to use the half-unit correction for continuity. Compute the numerical values up to 3 digits after the decimal point.)
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