Question
We know that the probability of a player winning a dice game at a casino is 49.3%. You observe that in the last 390 games
We know that the probability of a player winning a dice game at a casino is 49.3%. You observe that in the last 390 games played the player won 198 times.
a) At the .01 level is the player winning at a percentage higher than expected? (note p-value = .281)
b) Does the casino have evidence to conclude the player is cheating based on the test based on a)? explain
c) The 99% confidence interval from the computer says "99% for p is .4488 or more" explain what this means in context of the problem
d) Interpret the p-value
e) What is the only type of error that could have occurred and explain in context
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