Answer the following questions accordingly. Take your time. Thanks in advance! лC) If I want my estimate to be accurate, I want the error of p, to be small.NApproximately, how many people should I poll to guarantee the expected squarederror on p , is less than E ?ND) If I don't know p, how many people should I poll to guarantee the expectedsquared error on p, is less than E ?N Suppose you want to find out how many people support Policy X. A standard pollingapproach is to just ask N many people whether or not they support Policy X, and take thefraction of people who say yes as an estimate of the probability that any one personsupports the policy. Suppose that the probability someone supports the policy is p, whichyou do not know. Let p„ be the number of people polled who supported 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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