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22.04.2020 •
Mathematics
Suppose that prior to conducting a coin-flipping experiment, we suspect that the coin is fair. How many times would we have to flip the coin in order to obtain a 99% confidence interval of width of at most .18 for the probability of flipping a head? (note that the z-score was rounded to three decimal places in the calculation)
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Ответ:
We have to flip the coin at least 52 times.
Step-by-step explanation:
In a sample with a number n of people surveyed with a probability of a success of , and a confidence level of , we have the following confidence interval of proportions.
In which
z is the zscore that has a pvalue of .
The margin of error is:
For this problem, we have that:
The coin is fair, so
99% confidence level
So , z is the value of Z that has a pvalue of , so .
How many times would we have to flip the coin in order to obtain a 99% confidence interval of width of at most .18 for the probability of flipping a head?
At least n times.
n is found when . So
Rounding up
We have to flip the coin at least 52 times.
Ответ:
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