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Problem 224 of 333EasyStatisticsP224

Is this coin biased?

  1. A coin is flipped 1,000 times and shows 530 heads.

    (a) Test H0:p=0.5H_0: p = 0.5 against a two-sided alternative at α=0.05\alpha = 0.05. What is the p-value?

    (b) Give a 95% confidence interval for pp.

    (c) If the heads rate stayed at 53%, roughly how many flips would you need before the result became significant at 5% (two-sided)?