What is the point estimate for the proportion of times the person predicted the coin flips correctly?What conclusion can you draw from the confidence interval about the ability of the person to predict the outcome of a coin flip?
Statistics A person claims to be able to predict the outcome of flipping a coin. The person is correct 16 out of 25 times. Answer the following questions based upon the above experiment. What is the point estimate for the proportion of times the person predicted the coin flips correctly? Enter answer as a fraction […]