Question 598425
You want to see if a quarter you have is a fair quarter so you flip it 100 times and get 58 heads. does this prove at the .01 significance level that the quarter is fair?
P-Value = .1096
----
Since the p-value is greater than 1%, fail to reject Ho.
----
The coin is fair since Ho was "p = 1/2".
==================
Cheers,
Stan H.
==================