1 |
With 100 coin tosses (a polling sample of 100), the statistical error is 5% -- too big to be comfortable. There is a simple rule for such errors
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2 | 100 Coin Tosses |
3 | 400 Coin Tosses |
4 | Error 5% |
5 | Error 2.5% |
6 | Shape is still a Gaussian |
7 | 1000 Coin Toss Error a factor of Sqrt(10) Smaller than 100 Tosses |