Shortly after the introduction of a new coin, newspapers published articles claiming the coin is biased. The stories were based on reports that someone had spun the coin 150 times and gotten 90 headsminusthat's 60% heads.
a) right parenthesis font size decreased by 1 Use the Normal model to approximate the Binomial to determine the probability of spinning a fair coin 150 times and getting at least 90 heads.
b) right parenthesis font size decreased by 1 Do you think this is evidence that spinning this new coin is unfair? Would you be willing to use it at the beginning of a sports event? Explain.
(a)
n = 150
If it fair coin: p = 0.5
q = 1 - p = 0.5
Mean = = np = 150 X 0.5 = 75
SD =
To find P(X90):
Applying Continuity Correction, we get:
To find P(X > 89.5):
Z = (89.5 - 75)/6.1237
= 2.37
Table gives area = 0.4911
So,
P(X > 89.5) = 0.5 - 0.4911 = 0.0089
So,
The probability of spinning a fair coin 150 times and getting at least 90 heads = 0.0089
So,
Answer is:
0.0089
(b)
This is evidence that spinning this new coin is unfair. We would not be willing to use it at the beginning of a sports event because Z score = 2.37 > 2, So, it is an unusual event.
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