8-16. Suppose that X has an unknown mean with 2 = 3. How large of a
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8-16. Suppose that X has an unknown mean μ with σ2 = 3. How large of a sample must be taken so that the probability will be at least 0.90 that X will lie within 0.6 of the population mean? How large of a sample would you need to be 99% certain that X is within one standard deviation of μ? (Hint:
Use the law of large numbers.)
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Related Book For
Advanced Statistics From An Elementary Point Of View
ISBN: 9780120884940
1st Edition
Authors: Michael J Panik
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