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Elementary,Middle School,High School,College,University,PHD
Teaching Since: | May 2017 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
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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