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Concept explainers
Psychic A person who claims to be psychic says he predicts the outcome of a flip of a fair coin more often right than wrong. If we want to test this claim, we could use the data from an experiment in which he predicts the outcome for n flips of the coin. State the parameter of interest and the hypotheses for a significance test for testing this claim, where the alternative hypothesis reflects the psychic’s claim.
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Statistics: The Art and Science of Learning from Data (4th Edition)
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