Solution-Estimate lowest value n that would precipitate an

Estimate lowest value n that would precipitate an election

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Reference no: EM13887317

In a certain parliament, the government consists of 75 New Socialites and the opposition consists of 25 Preservatives. Preservatives never change their mind, always voting against government policy without a second thought; New Socialites vote randomly, but with probability p that they will vote for their party leader's policies.

Following a decision by the New Socialites' leader to drop certain manifesto commitments, N of his party decide to vote consistently with the opposition.

The leader's advisors reluctantly admit that an election must be called if N is such that, at any vote on government policy, the chance of a simple majority in favor would be less than 80%. Given that p = 0 . 8, estimate the lowest value of N that would precipitate an election.

Reference no: EM13887317

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Estimate lowest value n that would precipitate an election

Reference no: EM13887317

Reference no: EM13887317

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