Question: Refer to Exercise 5.4.7. Calculate Pr{E} for n = 40 (rather than 400) with the continuity correction. Exercise 5.4.7 Consider random sampling from a dichotomous
Refer to Exercise 5.4.7. Calculate Pr{E} for n = 40 (rather than 400) with the continuity correction.
Exercise 5.4.7
Consider random sampling from a dichotomous population with p = 0.3, and let E be the event that is within ±0.05 of p. Use the normal approximation (without the continuity correction) to calculate Pr{E} for a sample of size n = 400.
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