Consider the following test of whether a coin is fair

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Reference no: EM13811161

Consider the following test of whether a coin is fair.

Toss the coin five times. If the coin lands either all heads or all tails, reject Ho: p= 1/2.

(The p denotes the chance for the coin to land on heads.) Complete parts a and b.

(a) What is the probability of a Type I error for this procedure?

(b) If p = 3/8, what is the probability of a Type II error for this procedure?

Reference no: EM13811161

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