The philanthropic organization in Exercise 3 expects about a 5% success rate when they send fundraising letters
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The philanthropic organization in Exercise 3 expects about a 5% success rate when they send fundraising letters to the people on their mailing list. In Exercise 3, you looked at the histograms showing distribution of sample proportions from 1000 simulated mailings for samples of size 20, 50, 100, and 200. Here are both the theoretical and observed statistics for these simulated samples:
b) What does the Success/Failure Condition say about the choice you made in part a?
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Related Book For
Stats Data And Models
ISBN: 662
4th Edition
Authors: Richard D. De Veaux, Paul D. Velleman, David E. Bock
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