Question: Section 2.4.5 showedthatforabinom(n, ) randomvariable,thesampleproportion has standard deviation (1 )~n. Usethistoexplainwhy tends tobecloserto as n increases. Thus,intherainsimulationin Section 2.1.1, therelativefrequencyforaparticularoutcome
Section 2.4.5 showedthatforabinom(n, π) randomvariable,thesampleproportion ˆπ has standard deviation
»
π(1 − π)~n. Usethistoexplainwhy ˆπ tends tobecloserto π as n increases.
Thus,intherainsimulationin Section 2.1.1, therelativefrequencyforaparticularoutcome convergesas n increases toanumberthatweregardastheprobabilityofthatoutcome.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
