p= 0.04 probability that a random respondent will express support for LOLF. During a poll exactly 100 people are asked about their preferences. (C) Use the Chebyshev's inequality to estimate p(|X - 4| 2 1) – the probability that the share of observed supporters of LOLF are off by more than 1 percentage point.
p= 0.04 probability that a random respondent will express support for LOLF. During a poll exactly 100 people are asked about their preferences. (C) Use the Chebyshev's inequality to estimate p(|X - 4| 2 1) – the probability that the share of observed supporters of LOLF are off by more than 1 percentage point.
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 4ECP: Show that the probability of drawing a club at random from a standard deck of 52 playing cards is...
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![Question 5: A political party named LOLF (Law, Order and Latvia First) has exactly 4% approval rating: there is a
p = 0.04 probability that a random respondent will express support for LOLF. During a poll exactly 100 people
are asked about their preferences.
(C) Use the Chebyshev's inequality to estimate p(|X – 4| > 1) – the probability that the share of observed
supporters of LOLF are off by more than 1 percentage point.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2e26a1b2-ffa6-460e-b054-7babd93e3319%2F373d53c9-bb41-4b54-81bb-91f8ff88f906%2Fsjftus3_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Question 5: A political party named LOLF (Law, Order and Latvia First) has exactly 4% approval rating: there is a
p = 0.04 probability that a random respondent will express support for LOLF. During a poll exactly 100 people
are asked about their preferences.
(C) Use the Chebyshev's inequality to estimate p(|X – 4| > 1) – the probability that the share of observed
supporters of LOLF are off by more than 1 percentage point.
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