To use the large sample confidence interval for p, you need at least 15 successes and 15
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(a) 30 when p̂ = 0.50.
b) 50 when p̂ = 0.30.
(c) 150 when p̂ = 0.10. That is, the overall n must increase as p̂ moves toward 0 or 1. (When the true proportion is near 0 or 1, the sampling distribution can be highly skewed unless n is quite large.)
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Related Book For
Statistics The Art And Science Of Learning From Data
ISBN: 9780321755940
3rd Edition
Authors: Alan Agresti, Christine A. Franklin
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