Calculate mean number of respondents in favor

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Reference no: EM133370729

Question In this problem we will simulate a public opinion poll using Monte Carlo simulation. Assume that we are polling support for a ballot initative where the true level of support in favor of the initative in the population is 55%. Further assume we poll 500 people. Create a Monte Carlo simulation of this poll and calculate the following: . Mean Number of Respondents In Favor [ Select ] . Mean Proportion in Favor [Select ] . Polling Margin of Error [ Select ] . Probability that a Poll shows more than 52% Support

Reference no: EM133370729

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Calculate mean number of respondents in favor : calculate Mean Number of Respondents In Favor [ Select ] . Mean Proportion in Favor [Select ] . Polling Margin of Error [ Select ] . Probability that a Poll

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