Levels Tought:
University
Teaching Since: | Apr 2017 |
Last Sign in: | 345 Weeks Ago, 2 Days Ago |
Questions Answered: | 9562 |
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bachelor in business administration
Polytechnic State University Sanluis
Jan-2006 - Nov-2010
CPA
Polytechnic State University
Jan-2012 - Nov-2016
Professor
Harvard Square Academy (HS2)
Mar-2012 - Present
More conclusions. In January 2002, two students made worldwide headlines by spinning a Belgian euro 250 times and getting 140 heads—that’s 56%. That makes the 90% confidence interval (51%, 61%). What does this mean? Are these conclusions correct? Explain.
a) Between 51% and 61% of all euros are unfair.
b) We are 90% sure that in this experiment this euro landed heads on between 51% and 61% of the spins.
c) We are 90% sure that spun euros will land heads between 51% and 61% of the time.
d) If you spin a euro many times, you can be 90% sure of getting between 51% and 61% heads.
e) 90% of all spun euros will land heads between 51% and 61% of the time.
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