Find the p-value of the loaded die

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Question: Dice. The seller of a loaded die claims that it will favor the outcome 6. We don't believe that claim, and roll the die 200 times to test an appropriate hypothesis. Our P-value turns out to be 0.03. Which conclusion is appropriate? Explain.

a) There's a 3% chance that the die is fair.

b) There's a 97% chance that the die is fair.

c) There's a 3% chance that a loaded die could randomly produce the results we observed, so it's reasonable to conclude that the die is fair.

d) There's a 3% chance that a fair die could randomly produce the results we observed, so it's reasonable to conclude that the die is loaded.

Reference no: EM131649203

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