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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

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.