Day 13: STA205 - Introduction to Statistical Methods

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  • Today, if we have a little more time, we will startPacket 5), which has two major objectives:
    1. estimate parameter $p$ using statistic $\hat{p}$, with given confidence, and
    2. discover the sample size needed to estimate $p$ with given confidence.

    Let's remind ourselves about the distribution of $\hat{p}$:


    Now in this case we don't have $p$. We want to find $p$. So how do we proceed? That's the subject of this packet.

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