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In 100 tosses of a coin, assuming the coin is balanced or fair, it is expected that there will be 50 Heads and 50 Tails.
In 100 tosses of a coin, assuming the coin is balanced or fair, it is expected that there will be 50 Heads and 50 Tails. But what if there are 40 Heads and 60 Tails, then one can suspect that there might be something unusual about the coin. Can one say with confidence that the coin is balanced or fair?
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