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Caculate the sample size of a population
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Let p denote the probability that a gambler has lost more than he has won after placing 300 one-dollar bets in roulette. In order to estimate p, a computer program was written to simulate 30 one-dollar bets placed in roulette for each of 1000 gamblers. For these 1000 simulation, 799 were behind...
Caculate the sample size of a population
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Let p denote the probability that a gambler has lost more than he has won after placing 300 one-dollar bets in roulette. In order to estimate p, a computer program was written to simulate 30 one-dollar bets placed in roulette for each of 1000 gamblers. For these 1000 simulation, 799 were behind...
Obtaining information on stock purchase
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