How confidence intervals might be used to make decisions
Explain how confidence intervals might be used to make decisions. Give an example to clarify your explanation.
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Consider the following experiment : A ball is drawn without replacement from an urn containing two red and three blue balls. This process is repeated 3 time. let X denote the number of blue balls drawn
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What is the distribution of the number of problems Peter can solve before the deadline, and what is the distribution of the number of problems Allen can solve before the deadline?
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