Insensitivity to sample size about 45 babies are born each day, and in the smaller hospital about 15 babies are born each day. As you know, about 50% of all babies are boys. However, the exact percentage varies from day to day. Sometimes it may be higher than 50%, sometimes lower. For a period of 1 year, each hospital recorded the days on which more than 60% of the babies born were boys. Which hospital do you think recorded more such days? 56% of subjects chose option 3, and 22% of subjects respectively chose options 1 or 2. However, according to sampling theory the
Beanie Babies Beanie Babies Beanie Babies are a line of stuffed animal plush toys created by Ty Warner, who founded Ty Inc.. The toys are stuffed with plastic pellets ("beans") rather than conventional soft stuffing (PVC and PE), giving Beanie Babies a flexible feel. In an interview Warner said, "The whole idea was it looked real because it moved." During the later half of the 1990s, the toy emerged as a major fad. Beanie Babies have been cited as being the world's first Internet sensation in 1995. They were collected not only as toys but also as a financial investment due to