Denote an undesirable outcome

Reference no: EM131797988

Let D denote a desirable outcome and U denote an undesirable outcome. The sequence of the outcomes is as follows:

DDDUUDUUUUUDDDUUDUUUDDDUUUUDDD

At the 1% significance level, conduct a hypothesis test in order to determine if the outcomes are nonrandom.

Reference no: EM131797988

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