A gambler suspects that a coin may be weighted more heavily toward the outcome of tails (T)

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A gambler suspects that a coin may be weighted more heavily toward the outcome of tails (T) over heads (H). He flips the coin 25 times and notes the following sequence:

T T H T T T H H T H T T H T T T H H T H T H TT H

a. Specify the competing hypotheses to test the gambler's belief on nonrandomness.

b. What is the value of the test statistic?

c. Calculate the p-value.

d. At the 5% significance level, is the gambler's belief supported by the data?

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Business Statistics Communicating With Numbers

ISBN: 9780078020551

2nd Edition

Authors: Sanjiv Jaggia, Alison Kelly

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Question Posted: Dec 20, 2016 10:05 AM

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A gambler suspects that a coin may be weighted more heavily toward the outcome of tails (T)

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a b and c The corresponding p value d Since the p value ...View the full answer

Business Statistics Communicating With Numbers

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