You are drawing at random from a large box of red and blue marbles
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You are drawing at random from a large box of red and blue marbles

4. You are drawing at random from a large box of red and blue marbles. Fill in the blanks:

a. The expected value for the percentage of reds in the ____________ equals the percentage of reds in the _______________.

b. As the number of draws goes up, the SE for the _____________of reds in the sample goes up but the SE for the _____________of reds goes down. 

Hint
StatisticsIf we wish to generate a random number between two numbers, we can use the formula: RAND() * (b – a) + a, where a is the smallest number and b is the largest number that we wish to generate a random number for.For a number in a sequence or distribution to be truly random, it must be independent. The independence of numbers means there is no correlation between successive numbers. In addi...

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