11) A noted psychic was tested for ESP. The psychic was presented with 260 cards
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11) A noted psychic was tested for ESP. The psychic was presented with 260 cards face down and was asked to determine if the card was one of 5 symbols: a star, cross, circle, square, or three wavy lines. The psychic was correct in 70 cases. Let What is the P-value of the test? statistic for this test? What is the represent the probability that the psychic correctly identifies the symbol on the card in a random trial. Assume the 260 trials can be treated as an SRS from the population of all guesses. To see if there is evidence that the psychic is doing better than just guessing, we testExplanation / Answer
p = 70/260 = 7/26 = 0.2692
standard deviation = sqrt[ (7/26 * 9/26)/260]
= 0.0189
Z-statistic = 0.2692 - 0.2/0.0189
= 3.6616
P-value = 0.9999
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