If I want my estimate to be accurate, I want the error of pN to be small. How many people should I poll toguarantee the erpected squared error on PN is less than e? Suppose you want to find out how many people support Policy X. A standard polling approach is to just ask Nmany people whether or not they support Policy X, and take the fraction of people who say yes as an estimate ofthe probability that any one person supports the policy. Suppose that the probability someone supports the policyis p, which you do not know. Let pn be the number of people polled who supported the policy, divided by the totalnumber of people polled N.

Given that - Suppose you want to find out how many people support Policy X. A standard polling…

Answered: I want my estimate to be accurate, I…

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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I want my estimate to be accurate, I want the error of pN to be small. How many people should I poll to larantee the expected squared error on pN is less than e?