We flip a coin 150 times and get 90 heads, so the sample proportion of heads is
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We flip a coin 150 times and get 90 heads, so the sample proportion of heads is p̂ = 90/150 = 0.6. To test whether this provides evidence that the coin is biased, we create a randomization distribution. Where will the distribution be centered? Why?
DistributionThe word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Related Book For
Statistics Unlocking The Power Of Data
ISBN: 9780470601877
1st Edition
Authors: Robin H. Lock, Patti Frazer Lock, Kari Lock Morgan, Eric F. Lock, Dennis F. Lock
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