Question: Your cousin Howard claims to have ESP powers. More specifically, he claims that he can predict, with uncanny accuracy, the outcome of a coin toss.

Your cousin Howard claims to have ESP powers. More specifically, he claims that he can predict, with uncanny accuracy, the outcome of a coin toss. He has you toss a coin 100 times and correctly predicts the outcome of the toss in 61 cases. Set up an appropriate hypothesis test to help determine whether Howard can predict coin toss outcomes any better than the average person. Use a significance level of 5%. Is Howard’s performance “statistically significant” at the 5% significance level?

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