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Unformatted text preview: 3. Sample from a jar of 1,000 balls, where you allow your random number generator to dene, without your knowledge , the proportion that is black (the rest we will call white). Now, do repeat trials, each trial consisting of 10 samples. Based on the outcome of each trial, guess the proportion of black balls in the jar, record your guess, and repeat. Plot sample results and your guesses as a function of trial number, and continue until you think you have moral certainty that your guess is within 2% of the true value. Then stop, look up the true value and comment. If you wish, you can continue the sampling, see what happens, and comment again....
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- Fall '08