Question: Problem 1 A person claims to be able to predict the outcome of flipping a coin. This person is correct 16/25 times. Compute the 95%

Problem 1

A person claims to be able to predict the outcome of flipping a coin. This person is correct 16/25 times. Compute the 95% confidence interval on the proportion of times this person can predict coin flips correctly. What conclusion can you draw about this test of his ability to predict the future?

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