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Business, 03.07.2020 17:01 fosofallout46521
To illustrate the law of large numbers (see also Exercise 5.54 on page 172), use the normal approximation to the binomial distribution to determine the probabilities that the proportion of heads will be anywhere from 0.49 to 0.51 when a balanced coin is flipped
(a) 100 times;
(b) 1,000 times;
(c) 10,000 times.
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To illustrate the law of large numbers (see also Exercise 5.54 on page 172), use the normal approxim...
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