MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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Suppose the probability is p = 0.4 that a person who purchases an instant lottery ticket wins money, and this probability holds for every ticket purchased. Consider different random samples of n = 24 purchased tickets. Let p̂ = sample proportion of winning tickets in a sample of 24 tickets.
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