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Thank you for a clarification.
In order to find out if a die is fair, the following decision rules are adopted. Rule 1: the die is fair if 100 and 140 fives are realized in 720 tosses of the die Rule 2: the die is biased if Rule 1 is violated i. Determine the chances of rejecting Rule 1 when it should be accepted ii. Interpret answer (i) and the two decision rules graphically iii. What conclusion would you draw if 640 threes were realized iv. Would you be wrong in your answer to (iii), Explain.
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