Ian is doing a two-tailed hypothesis test to see if his coin is fair. The significance...
Ian is doing a two-tailed hypothesis test to see if his coin is fair. The significance level is 5%. If his coin really is fair, what is the probability that he will correctly conclude that it is fair?
Homework Answers
as probability of retaining the null hypothesis given it is true=1 -level of significance
therefore probability that he will correctly conclude that it is fair =1-0.05 =0.95
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