below is an example from the Elementary STATISTICS book I ne
below is an example from the Elementary STATISTICS book I need the steps by which we get the result (0.0252) and (0.487)
Suppose you were flipping a coin to determine whether it favors heads, and suppose 1000 tosses resulted in 501 heads. This is not evidence that the coin favors heads, because it is very easy to get a result like 501 heads in 1000 tosses just by chance. Yet, the probability of getting exactly 501 heads in 1000 tosses is actually quite small: 0.0252. This low probability reflects the fact that with 1000 tosses, any specific number of heads will have a very low probability. However, we do not consider 501 heads among 1000 tosses to be unusual, because the probability of getting at least 501 heads is high: 0.487.
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