Below are four versions of the same game. Your archnemesis gets to pick the version of the

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Below are four versions of the same game. Your archnemesis gets to pick the version of the game, and then you get to choose how many times to ip a coin: 10 times or 100 times. Identify how many coin ips you should choose for each version of the game. It costs $1 to play each game.

Explain your reasoning.

(a) If the proportion of heads is larger than 0.60, you win $1.

(b) If the proportion of heads is larger than 0.40, you win $1.

(c) If the proportion of heads is between 0.40 and 0.60, you win $1.

(d) If the proportion of heads is smaller than 0.30, you win $1.

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Related Book For  answer-question

OpenIntro Statistics

ISBN: 9781943450077

4th Edition

Authors: David Diez, Mine Çetinkaya-Rundel, Christopher Barr

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