Friday, March 16, 2012

Fair Coins and Life's Chance of Winners and Losers


Fair Coins and Life’s Chance of Winners and Losers
In "Fair Coins and Life's Chance of Winners and Losers" Paulos explained that when comparing coins there is a fifty percent chance of either getting a tail or a head. However, if one begins an experiment of flipping a coin a hundred times, the outcome may not always come out to be fifty to fifty. One may flip the coin and receive an outcome of ninety-two heads to eight tails. In concluding, this means that our outcome in an experiment will not always be fifty percent.

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