Consider the following test of whether a coin is fair.
Toss the coin five times. If the coin lands either all heads or all tails, reject Ho: p= 1/2.
(The p denotes the chance for the coin to land on heads.) Complete parts a and b.
(a) What is the probability of a Type I error for this procedure?
(b) If p = 3/8, what is the probability of a Type II error for this procedure?