Polling + Auctions Anna Karlin
Agenda idealized ● An application of The Central Limit Theorem – Polling ● A glimpse of auction theory
Magic mushrooms He were Yesterday, Oregonians are voting on whether to legalize the F therapeutic use of “magic mushrooms”. If you take a "heroic" dose, supposedly, “the ego dissolves and the user feels inseparable from the rest of the universe.” to determine fraction of population Poll in favor be voting that will good estimate is this call up a random sample n how choose empirical Aachen report
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The Central Limit Theorem Consider i.i.d. (independent, identically distributed) random vars X 1 , X 2 , X 3 , … Xn Where X i has μ = E[X i ] and σ 2 = Var[X i ] standardize As n → ∞, do O n µ, σ 2 ✓ ◆ M n = 1 I X Restated: As n → ∞, X i → N n n EEEpa.FI i =1 YefpiIfI
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END PIC Alex Tsun Joshua Fan
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