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May 29, 2015

Homework Help: Statistics

Posted by Rhea on Sunday, September 19, 2010 at 1:25am.

You are shown a coin that its owner says is fair in the sense that it will produce the same number of heads and tails when flipped a very large number of times.

Suppose you decide to flip a coin 100 times.

a. What conclusion would you be likely to draw if you observed 95 heads?
b. What conclusion would you be likely to draw if you observed 55 heads?

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