Question

We are given a weighted coin (with one side heads, one side tails), and we want to estimate the unknown probability pp that it will land heads. We flip the coin 1000 times and it happens to land heads 406 times. Give answers in decimal form, rounded to four decimal places (or more). We estimate the chance this coin will land on heads to

Answer 1

Answer:

0.4060

Step-by-step explanation:

To calculate the sample proportion, phat, we take the ratio of the number of preferred outcome to the total number of trials ;

Phat = number of times coin lands on head (preferred outcome), x / total number of trials (total coin flips), n

x = 406

n = 1000

Phat = x / n = 406/ 1000 = 0.4060

Answer 2

The estimate of the chance that this coin will land on heads is 0.406

• Probability is the likelihood or chance that an event will occur.

• Probability = Expected outcome/Total outcome

If a coin is flipped 1000 times, the total outcomes will 1000

If it landed on the head 406 times, the expected outcome will be 406.

Pr(the coin lands on the head) = 406/1000

Pr(the coin lands on the head) = 0.406

Hence the estimate of the chance that this coin will land on heads is 0.406

Learn more on probability here: https://brainly.com/question/14192140