What is a level of significance of coin
Discussion:
Q: A coin tossed 10,000 times. Heads appears 5100 times. Do you think the coin is fair at the 0.05% level of significance? at the 0.01% level of significance?
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A coin tossed 10,000 times. Heads appears 5100 times. Do you think the coin is fair at the 0.05% level of significance? at the 0.01% level of significance?
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