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 follow ing sequence:

TTHTTTHHTHTTHTTTHHTHTHTTH

a. Specify the competing hypotheses in order 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: 9780071317610

1st Edition

Authors: Kelly Jaggia

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Question Posted: Jul 27, 2024 08:02 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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Business Statistics Communicating With Numbers

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