Is the coin fair
Problem: A coin has been tossed 1000 times, 470 times of which it landed heads up, and 530 times it landed tails up.
Is this coin fair? Formulate and test the corresponding null and alternative hypotheses and interpret your result.
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A coin has been tossed 1000 times, 470 times of which it landed heads up, and 530 times it landed tails up. Is this coin fair?
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