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Suppose you'd lke to estimate the procentage of children (<18)
in a population by picking out a person and then putting him/her
back. How many times do we need to make a "pull" if we'd like
to be 95% sure that our percentage deviates at most 2% from
the atuall one?
Solution:
I use X~Ber(p) and create
( Sum[ X_i, i=1, i=n ] ) / n - n*p
since p is the E[X]. What i need int order to use CLT is the
variance but i can't compute it (or rather, i can but it will be
expressed as p-p^2 which make the final answer a function
of the variable p). Any suggestions to a solution?
--
Kindly
Konrad
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