document.write( "Question 174374: A coin was flipped 60 times and came up heads 38 times.
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document.write( " (a) At the .10 level of significance, is the coin biased toward heads? Show your decision rule and calculations.
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document.write( "(b) Calculate a p-value and interpret it.
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Algebra.Com's Answer #129343 by stanbon(75887) ![]() You can put this solution on YOUR website! A coin was flipped 60 times and came up heads 38 times. \n" ); document.write( "(a) At the .10 level of significance, is the coin biased toward heads? Show your decision rule and calculations. \n" ); document.write( "---- \n" ); document.write( "Ho: p = 1/2 \n" ); document.write( "Ha: p is not 1/2 \n" ); document.write( "-------------- \n" ); document.write( "Critical value for 2-tail test with alpha = 1%: +/- 2.5758.. \n" ); document.write( "--------------- \n" ); document.write( "Test statistic: z(28/60) = [(28/60)-0.5]/[0.5*0.5/sqrt(60)] = -1.0328 \n" ); document.write( "------------------ \n" ); document.write( "Conclusion: Since TS is not in the rejection interval, Fail to Reject Ho. \n" ); document.write( "The test provides evidence that the coin is not biased. \n" ); document.write( "================= \n" ); document.write( " \n" ); document.write( "(b) Calculate a p-value and interpret it. \n" ); document.write( "P(z<-1.0328) = 0.150845 \n" ); document.write( "Since this is a 2-tail test the p-value is 2(0.150845) or appox. 30% \n" ); document.write( "---------- \n" ); document.write( "Interpretation: Apporximately 30% of test results could have provided \n" ); document.write( "stronger evidence for rejecting Ho, i.e. that the coin is biased. \n" ); document.write( "=========================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " \n" ); document.write( " |