You toss a coin 80 times and get many more heads than expected. With a computer, you determine that the probability for this, or even more heads out of 80, the happening was only 0.4% if the coin was a fair coin. Your null hypothesis is that the coin was fair.  Among the given options, what is the lowest significance level at which you can reject the null hypothesis?    a. 0.01% b. 10% c. 1% d. 5% e. 0.1%

A First Course in Probability (10th Edition)
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ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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You toss a coin 80 times and get many more heads than expected. With a computer, you determine that the probability for this, or even more heads out of 80, the happening was only 0.4% if the coin was a fair coin.

Your null hypothesis is that the coin was fair. 

Among the given options, what is the lowest significance level at which you can reject the null hypothesis? 
 


a. 0.01%
b. 10%
c. 1%
d. 5%
e. 0.1%
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