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1) Use either the critical value or p-value method for testing hypotheses. 2) Identify the null...

1) Use either the critical value or p-value method for testing hypotheses.
2) Identify the null and alternative hypotheses, test statistic, P-value (or range of P-values), and critical value(s).
3) State your final conclusion that addresses the original claim. Include a confidence interval as well and restate this in your original conclusion.

Two Polish math professors and their students spun a Belgian euro coin 250 times. It landed on heads 140 times. One of the professors concluded that the coin was minted asymmetrically. A representative from the Belgian mint said that the result was just by chance. Is the math professor or the representative from the Belgian mint correct? At the 0.01 Significance Level test the math professor’s claim that the coin is not fair.

Math   Statistics-And-Probability   
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