Question

In: Statistics and Probability

in tossing a coin 1024 times we get 460 tails. is this coin fair? use a...

in tossing a coin 1024 times we get 460 tails. is this coin fair? use a significance level equal to 5%

Solutions

Expert Solution

in tossing a coin 1024 times we get 460 tails. is this coin fair? use a significance level equal to 5%.

For a fair coin, probability of tail= head=0.5.

Therefore

Ho: P=0.5, H1: P≠0.5

One sample proportion test used

p=460/1024 =0.4492

= -3.25

Table value of z at 0.05 level = 1.96

Rejection Region: Reject Ho if z < -1.96 or z > 1.96

Calculated z = -3.25 falls in the rejection region

The null hypothesis is rejected.

There is enough evidence to conclude that the coin is not fair.

Z Test of Hypothesis for the Proportion

Data

Null Hypothesis            p =

0.5

Level of Significance

0.05

Number of Items of Interest

460

Sample Size

1024

Intermediate Calculations

Sample Proportion

0.44921875

Standard Error

0.0156

Z Test Statistic

-3.2500

Two-Tail Test

Lower Critical Value

-1.9600

Upper Critical Value

1.9600

p-Value

0.0012

Reject the null hypothesis


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