Soon after the Euro was introduced as currency in Europe, it was widely reported that someone had
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a) Estimate the true proportion of heads. Use a 95% confidence interval. Don't forget to check the conditions.
b) Does your confidence interval provide evidence that the coin is unfair when spun? Explain.
c) What is the significance level of this test? Explain.
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a Independence assumption The Euro spins are independent One spin is not going to affect the ot...View the full answer
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Related Book For
Stats Data and Models
ISBN: 978-0321986498
4th edition
Authors: Richard D. De Veaux, Paul D. Velleman, David E. Bock
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