Question: Suppose X1,...,Xn is a random sample from a Bernoulli(p) distribution and the sample average is xn = 0.45, based on which we can construct a

Suppose X1,...,Xn is a random sample from a Bernoulli(p) distribution and the sample average is xn = 0.45, based on which we can construct a 95% confidence interval for p. Now we collect more data and the sample average is around 0.48, we want to construct a 90% confidence interval with the length being 1/3 of the 95% one. How large should the sample size nnew be in terms of n

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!