We have often observed the success of television networks in forecasting elections. This is a good example of the successful use of probability methods in applied problems. Consider how elections can...

We have often observed the success of television networks in forecasting elections. This is a good example of the successful use of probability methods in applied problems. Consider how elections can be predicted by using relatively small samples in a simplified example. An election forecaster has obtained a random sample of 900 voters, in which 500 indicate that they will vote for Susan Chung. Should Susan anticipate winning the election?