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1. Suppose the kids are going to playa coin-tossing game almost everyday during the summer….

1. Suppose the kids are going to playa coin-tossing game almost everyday during the summer….

1. Suppose the kids are going to playa coin-tossing game almost everyday during the summer. Making specific reference to this example, discuss the issues of “repetition” and “accumulation of evidence” as they relate to tests of significance and hypothesis tests.2. In the text above, we said, “. . . the standard errors can be estimated if necessary from the samples, replacing p's and q's by and replacing σ’s by s's . Of course, if the true values are known, this is not necessary.” Under what circumstances would they be known so that estimating the standard error would be unnecessary?