Statistics of coin tossing question



1. Suppose our null hypothesis is that we have a fair coin (50% heads,
50% tails

2. Suppose that our level of statistical signifiance is 95%, so that we
have a p=5% value of falsely rejecting the null hypothesis

3. Suppose we flip a coin 1000 times, and get 940 heads, and 60 tails.

Do we reject the null hypothesis and conclude that our coin is
statistically significantly different from that of a fair coin?

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