You have a coin that you think is fair, with = probability of heads = 1/2.

Question:

You have a coin that you think is fair, with π = probability of heads = 1/2.
a. Rodgers has done 25 flips and plans to do another 25 flips. Hammerstein has done 100 flips and plans to do another 25 flips. Whose SD will go down more, Rodgers’ or Hammerstein’s? Explain.
b. Rodgers has done 25 flips and plans to do another 25. Hammerstein has done 100 and plans to do another 100. Whose SD for p̂ will go down more?

Fantastic news! We've Found the answer you've been seeking!