Jacob Bernoulli, Binomial Distribution, Probability, Central Limit Theorem, Deep Dives.
<= ϵ) and P(|X_bar_n/n — p| > ϵ) are respectively the probability of the estimation error being at most ϵ, and greater than ϵ. The constant ‘c’ is some seriously large positive number. Some texts replace the equals sign with a ‘≥’ or a simple ‘>’. A little bit of algebraic manipulation yields the