• MxM111
      link
      fedilink
      0
      edit-2
      8 months ago

      It is 1/sqrt(1000), which I think is std or close to it

        • MxM111
          link
          fedilink
          0
          edit-2
          8 months ago

          Why don’t you educate me? This is for sure not 95% confidence interval nor 3 sigma. This might be 80% but this is close enough to one sigma.

          The reason why I said it is std, is because suppose that you have a single person instead of 1000. If we expect the actual numbers to be about 50% for Biden or Trump, then with one person you get 100% or 0%, which is +/-50% error over 50% median. Which gives std of 1. After that, std decreases as 1/sqrt(1000).

          I understand that I might miss there small factors, but I could not be that far from correct answer. Where do I went wrong?