Which is more likely? Flipping a coin 10 times and getting more than 70% heads or flipping a coin 50 times and getting more than 70% heads? Explain in as much detail as you can.
For n = 10
p = 0.5
It is a binomial distribution.
P(X > 7) = P(X = 8) + P(X = 9) + P(X = 10)
= 10C8 * (0.5)^8 * (0.5)^2 + 10C9 * (0.5)^9 * (0.5)^1 + 10C10 * (0.5)^10 * (0.5)^0 = 0.0547
For n = 50
p = 0.5
= n * P = 50 * 0.5 = 25
= sqrt(np(1 - p))
= sqrt(50 * 0.5 * 0.5) = 3.5355
P(X > 35)
= P(X > 35.5)
= P((X - )/> (35.5 - )/)
= P(Z > (35.5 - 25)/3.5355)
= P(Z > 2.97)
= 1 - P(Z < 2.97)
= 1 - 0.9985
= 0.0015
Since the probability value for n = 10 trials is more than n = 50 trials , so flipping a coin of 10 times is more likely.
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