Question: X is a Bernoulli random variable with unknown success probabilityp. Using100 independent samples ofX and the Chebyshev inequality, find a confidence interval estimate ofp with
X is a Bernoulli random variable with unknown success probabilityp. Using100 independent samples ofX and the Chebyshev inequality, find a confidence interval estimate ofp with confidence coefficient10.94. IfM_100(X)=0.3, what is the interval estimate?
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