Is such a result believable explain your


Sometimes reported data fit a model so well that it makes one suspicious that the data are not being accurately reported. For instance, a friend of mine has reported that he tossed a fair coin 40,000 times and obtained 20,004 heads and 19,996 tails. Is such a result believable? Explain your reasoning.

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Accounting Basics: Is such a result believable explain your
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