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Mathematics, 09.04.2020 01:32 niharikam242

Suppose a random sample of n bolts is taken from the box, and bolts are drawn at random one at a time with replacement (the same as in (a)). Use the Chebyshev inequality to determine the smallest number of bolts n such that the proportion of long bolts in the sample will be less than 0.01 with probability at least 0.95.

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Suppose a random sample of n bolts is taken from the box, and bolts are drawn at random one at a tim...
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