Std dev for a binomial distribution is sqrt(np(1-p)).
Confidence is std/sqrt(n)
You want this small.
If you have lower crit, you want to do more trials, because the standard error relative to the probability is higher.
Std dev for a binomial distribution is sqrt(np(1-p)).
Confidence is std/sqrt(n)
You want this small.
If you have lower crit, you want to do more trials, because the standard error relative to the probability is higher.
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