You have a coin that you think is fair, with = probability of heads = 1/2.

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You have a coin that you think is fair, with π = probability of heads = 1/2. To check, you plan to flip the coin n times.
a. Compute the SD of p̂ for each value of n in the table below and fill in your SD values.

n ...............................SD of p̂
10
20
40
100
500
1,000

b. Plot SD(p̂) on the y-axis versus n on the x-axis and join your points with a smooth curve.
c. The SD ___________ (increases/decreases) as n increases.
d. The curve becomes __________ (more, less) steep as n continues to increase.

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Related Book For  book-img-for-question

Introduction To Statistical Investigations

ISBN: 9781118172148

1st Edition

Authors: Beth L.Chance, George W.Cobb, Allan J.Rossman Nathan Tintle, Todd Swanson Soma Roy

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