document.write( "Question 136488: A coin was flipped 60 times and came up heads 38 times. (a) At the .10 level of significance, is the
\n" ); document.write( "coin biased toward heads? Show your decision rule and calculations. (b) Calculate a p-value and
\n" ); document.write( "interpret it.
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Algebra.Com's Answer #99992 by stanbon(75887)\"\" \"About 
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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( "Ho: p=1/2
\n" ); document.write( "Ha: p is not 1/2
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\n" ); document.write( "p-hat = 38/60 = 0.63333...
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\n" ); document.write( "Critical value for 2-tail z-test with alpha = 10%: z = +/- 1.645
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\n" ); document.write( "Test statistic:
\n" ); document.write( "z(0.633333) = (0.6333-0.5)/sqrt[(0.5)(0.5)/60] = 0.13333/0.064549..= 2.0656
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\n" ); document.write( "(b) Calculate a p-value and interpret it.
\n" ); document.write( "p-value = P(2.0656 < z < 10 ) = 2*0.019434..= 0.03887..
\n" ); document.write( "Interpretation: Only 0.03887 of test results could have given
\n" ); document.write( "stronger evidence for rejecting Ho.
\n" ); document.write( "Conclusion: Since p-value < alpha, reject Ho.
\n" ); document.write( "This is statistical evidence that the coin is biased.
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.\r
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