I toss a fair coin 4 times and observe heads 3 times.
a. Using equation 7.1, what is the probability of observing 3 or fewer heads in 4 tosses of a fair coin?
b. Using equation 7.1, what is the probability of observing 3 or more heads in 4 tosses of a fair coin?
c. Write the formal test to test whether my estimate is a result of a fair coin.
d. What do you conclude?
Correct Answer:
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B.
C.
D.We cann...
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