Five independent coin tosses result in HHHHH. It turns out
Chapter 2, Problem 1.15(choose chapter or problem)
Five independent coin tosses result in HHHHH. It turns out that if the coin is fair the probability of this outcome is \((1/2)^5 = 0.03125\). Does this produce strong evidence that the coin is not fair? Comment and use the concept of P-value discussed in Section 1.1.
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