Homework 4 Solutions.pdf - Stat 301 Assignment#4 \u2014 Solutions 50 Total Points 40 Accuracy 10 Completion 1 From the book Chapter 16 Review

Homework 4 Solutions.pdf - Stat 301 Assignment#4 u2014...

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Stat 301Assignment #4 — Solutions50 Total Points: 40 Accuracy, 10 Completion1. From the book: Chapter 16 Review Exercises (pages 285-287), problems 1, 4, 7B16.1.(3 points)Option (iii) is best. Chance error is not likely to be 0 exactly, but should be small relative tothe number of draws.B16.4. Problem 4: Law of Large numbers choosing best number of trials.(a)(3 points)60 rolls. With more rolls the percentage of ones will be closer to 16 2/3 %. You wantthe percentage of aces to be far from 16 2/3 % so chose the smaller number of rolls.(b)(3 points)600 rolls. Choose large number of rolls since more than 15 % overlaps what we’d expectin long term 16 2/3 %.(c)600 rolls. Like b(d)60 rolls. As you roll more and more, there get to be more and more possible outcomes, no particularone can be very likely.B16.725 draws from the box with two types of tickets (1 +4 ticket and 4 -1 tickets).2. From the book: Chapter 17 Review Exercises problems 4, 6, 7, 8, 11, 12B17.44 points

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