Write a function that uses monte carlo to approximate

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Reference no: EM132200260

Question :

Write a function that uses Monte Carlo to approximate the distribution of the sample proportion of Heads from n coin tosses of a coin (which may or may not be a fair coin).

The function should take as input the sample size n, the probability of heads p, the number of replicates (repetitions of the experiment) B and a boolean plotHist that if TRUE prints a histogram of the samples and if not, does not.

If the user does not input a value for B, default to the one we often use in class, that is, set B = 10,000.

The output of the function should be the mean and standard deviation of the distribution.

Reference no: EM132200260

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