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1)A coin is tossed 62 times and 39 heads are observed. Would we infer that this is a fair coin? Use a 99% level confidence
1)A coin is tossed 62 times and 39 heads are observed. Would we infer that this is a fair coin? Use a 99% level confidence interval to base your inference A)The sample statistic for the proportion of heads is___ B)The correct Z-score for a 99% level confidence interval is_____ C)The lower limit of the confidence interval is____ D)The upper limit of the confidence interval is:____ E) Based on this confidence interval, it is (PLAUSIBLE/NOT PLAUSABLE)
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