Question: Divide into groups of two. First find the sample size required to estimate the proportion of times that a coin turns up heads when tossed,
Divide into groups of two. First find the sample size required to estimate the proportion of times that a coin turns up heads when tossed, assuming that you want 80% confidence that the sample proportion is within 0.08 of the true population proportion. Then toss a coin the required number of times and record your results. What percentage of such confidence intervals should actually contain the true value of the population proportion, which we know is p = 0.5? Verify this last result by comparing your confidence interval with the confidence intervals found in other groups.
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