Suppose you flip an ordinary fair coin 60 times and amazingly it lands on heads every single time. What is the probability that on your next flip, it lands on tails?
As it is a fair coin , probability of landing head = probability of landing tail= 1/2 and outcome of each flip is independent of the outcome of the previous flip. So landing tail on next flip does not depend on the previous 60 flips. So the probability that on next flip it lands on tails=probability of landing tail= 1/2
Suppose you flip an ordinary fair coin 60 times and amazingly it lands on heads every...
Suppose that a fair coin is tossed ten times. Each time it lands heads you win a dollar, and each time it lands tails you lose a dollar. Calculate the probability that your total winnings at the end of this game total two dollars, and the probability that your total winnings total negative two dollars.
If you flip a fair coin six times, what is the probability of having more heads than tails?
You toss a penny and observe whether it lands heads up or tails up. Suppose the penny is fair, i.e., the probability of heads is 1/2 and the probability of tails is y. This means every occurrence of a head must be balanced by a tail in one of the next two or three tosses. if I flip the coin many, many times, the proportion of heads will be approximately %, and this proportion will tend to get closer and...
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.
Suppose you flip a fair coin repeatedly until you see a Heads followed by another Heads or a Tails followed by another Tails (i.e. until you see the pattern HH or TT). (a)What is the expected number of flips you need to make? (b)Suppose you repeat the above with a weighted coin that has probability of landing Heads equal to p.Show that the expected number of flips you need is 2+p(1−p)/1−p(1−p)
Suppose you have two coins. One coin is fair and other is a coin with heads on both sides. Now you choose a coin at random and flip the coin. If the coin lands head, what is the probability that it was the fair coin?
Coin Flips: If you flip a fair coin 5 times, what is the probability of each of the following? (please round all answers to 4 decimal places) a) getting all tails? b) getting all heads?
Suppose you can place a bet in the following game. You flip a fair coin (50-50 chance it lands heads). If it lands heads, you get 4 dollars, if it lands tails, you pay 1 dollar. This is the only bet you can make. If you don't make the bet you will neither gain nor lose money. What is the utility for you of the coin landing tails if you make the bet (assume utility is dollars)?
Exercise 1.16. We flip a fair coin five times. For every heads you pay me $1 and for every tails I pay you $1. Let X denote my net winnings at the end of five flips. Find the possible values and the probability mass function of X.
Suppose that I flip a fair coin 21 times. What is the probability that it will land on heads exactly 13 times?