Question: e. What is the p-value and what does that imply ? p-value = 2*P(z > 2.19 ) =2* 0.0143 = 0.0285 P-value = 0.0285 0.0285

e. What is the p-value and what does that imply ?
e. What is the p-value and what does that imply ? p-value = 2*P(z > 2.19 ) =2* 0.0143 = 0.0285 P-value = 0.0285 0.0285 is > 0.01 ; therefore we would fail to reject HO . The sample would provide and suggest the coin flips are fair

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!