Suppose that 40% of a large population are in favor of candidate A. A pollster selects a random sample of 20 people and asks them about their opinion about the candidate. Let X be the number of people in favor of candidate A. What is E(X) and Var(X)?
This is a binomial distribution.
n = 20
p = 0.4
E(X) = n * p = 20 * 0.4 = 8
Var(X) = n * p * (1 - p) = 20 * 0.4 * (1 - 0.4) = 4.8
Suppose that 40% of a large population are in favor of candidate A. A pollster selects...
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