Suppose you just flipped a fair coin 8 times in a row and you got heads each time! What is the probability that the next coin flip will result in a heads? Write answer as a decimal and round to 1 place after the decimal point.
Answer)
Tossing a fair coin is an independent event
As no matter what we will always have two outcomes
Heads or tails
And probability is given by favorable/total
Total = 2 (heads or tails)
Favorable = 1 (heads)
Probability = 1/2 = 0.5
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