Data Science Interview Prep: Q76
How Many Flips to Detect a Slightly Biased Coin? (Category: Statistics)
You have a biased coin that lands on heads 55% of the time. How many flips are required to statistically prove that the coin is not fair?
Solution:
Kindly read the ‘Estimating Coin Toss Probabilities with Confidence Intervals’ newsletter before reading the current newsletter.
Link: Estimating Coin Toss Probabilities with Confidence Intervals
In this newsletter, we explore a numerical example that uses the results from the previous newsletter.
We hope you found the article both enlightening and valuable! For more insightful content delivered straight to your inbox, simply enter your email address below and hit the subscribe button. Stay tuned for future updates!
Reference:
Checking whether a coin is fair: https://en.wikipedia.org/wiki/Checking_whether_a_coin_is_fair