Acasino claims that it’s dice (regular, six-sided) are fair to within 0.1%. Taking α = 0.05, how many trials (rolls) would be required to verify this, in total? (You want to confirm that the probability of getting each result is 1/6th, to the stated relative precision.) Explain your reasoning, and be sure to account for all six possible outcomes of a roll.
Acasino claims that it’s dice (regular, six-sided) are fair to within 0.1%. Taking α = 0.05, how many trials (rolls) would be required to verify this, in total? (You want to confirm that the probability of getting each result is 1/6th, to the stated relative precision.) Explain your reasoning, and be sure to account for all six possible outcomes of a roll.
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter9: Counting And Probability
Section9.3: Binomial Probability
Problem 2E: If a binomial experiment has probability p success, then the probability of failure is...
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Acasino claims that it’s dice (regular, six-sided) are fair to within 0.1%. Taking α = 0.05, how many
trials (rolls) would be required to verify this, in total? (You want to confirm that the probability of getting
each result is 1/6th, to the stated relative precision.) Explain your reasoning, and be sure to account for
all six possible outcomes of a roll.
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