Given an experiment with coin tossing determine if the coin is fair.
A coin tossed 10,000 times. Heads appears 5100 times. Do you think the
coin is fair at the 0.05% level of significance? at the 0.01% level of
significance?
https://brainmass.com/statistics/hypothesis-testing/given-an-experiment-with-coin-tossing-determine-if-the-coin-is-fair-17997
Solution Summary
The following outlines the process for determining if a coin is fair. The results are based on multiple coin tosses. A hypothesis test is performed.
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