The gambler teaches his new strategy to 10 friends, and asks each of them to give...

 

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The gambler teaches his new strategy to 10 friends, and asks each of them to give it a try. Each of the 10 friends play 100 blackjack games. You can get all 10 trials by typing randBin(100, .52, 10) L1, which will store the data in L1. Don't forget to seed your calculator first. (See video for further instructions) Take a picture of your calculator results and attach it to the end of the exam. Construct a 95% confidence interval for each of the 10 friends and record in the table. Check if they captured the p=0.52. Record your results in the table. Which friend had the best luck with the new blackjack strategy? Put a happy face next to their results. Player 1 2 3 4 5 6 7 8 9 10 Average Wins 56 52 45 30 58 52 49 61 56 36 53.5 p-hat -560 520 450 -50 540 520 490 610 .560 560 Gambling Record 95% CI Lower Limit Upper Limit p in CI? Yes/No Best Luck Player The gambler teaches his new strategy to 10 friends, and asks each of them to give it a try. Each of the 10 friends play 100 blackjack games. You can get all 10 trials by typing randBin(100, .52, 10) L1, which will store the data in L1. Don't forget to seed your calculator first. (See video for further instructions) Take a picture of your calculator results and attach it to the end of the exam. Construct a 95% confidence interval for each of the 10 friends and record in the table. Check if they captured the p=0.52. Record your results in the table. Which friend had the best luck with the new blackjack strategy? Put a happy face next to their results. Player 1 2 3 4 5 6 7 8 9 10 Average Wins 56 52 45 30 58 52 49 61 56 36 53.5 p-hat -560 520 450 -50 540 520 490 610 .560 560 Gambling Record 95% CI Lower Limit Upper Limit p in CI? Yes/No Best Luck Player