OpenIntroOrg Example Exercise: 2.3 (OpenIntro Statistics) or 3.3 (Advanced High School Statistics)

Slides are available at:
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Below are four versions of the same game. Your archnemisis gets to pick the version of the game, and then you get to choose how many times to flip a coin: 10 times or 100 times. Identify how many coin flips you should choose for each version of the game. It costs $1 to play each game. Explain your reasoning.
(a) If the proportion of heads is larger than 0.60, you win $1.
(b) If the proportion of heads is larger than 0.40, you win $1.
(c) If the proportion of heads is between 0.40 and 0.60, you win $1. (d) If the proportion of heads is smaller than 0.30, you win $1.

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Example Exercise: 2.3 (OpenIntro Statistics) or 3.3 (Advanced High School Statistics)
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