Answer the following questions accordingly. Take your time. Thanks in advance! C) If I want my estimate to be accurate, I want the error of $ \hat{p}_N $ to be small. Approximately, how many people should I poll to guarantee the expected squared error on $ \hat{p}_N $ is less than $ \epsilon $?D) If I don’t know $ p $, how many people should I poll to guarantee the expected squared error on $ \hat{p}_N $ is less than $ \epsilon $? To determine how many people support Policy X, a common polling method involves asking a number of people, denoted as $ N $, whether they support the policy. The fraction of respondents who say "yes" is used as an estimate of the probability that any individual supports the policy.Assume the probability that a person supports the policy is $ p $, although this value is unknown. Let $ \hat{p}_N $ represent the number of people polled who express support for the policy, divided by the total number of people polled, $ N $.

Given information: N = Total number of people polled N. p^N=Number of people polled who supported…

C) IfI want my estimate to be accurate, I want the error of p,, to be small. N Approximately, how many people should I poll to guarantee the expected squared A error on p„ is less than E ? N D) If I don’t know p, how many people should I poll to guarantee the expected л squared error on p,, is less than E ? N

C) IfI want my estimate to be accurate, I want the error of p,, to be small. N Approximately, how many people should I poll to guarantee the expected squared A error on p„ is less than E ? N D) If I don’t know p, how many people should I poll to guarantee the expected л squared error on p,, is less than E ? N

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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