Monday, February 22, 2010

Simple Question about Coin Tossing

Another question I stumbled while listening to the podcast, Scam School, Given a fair coin, 50% head and 50% tails. Which of the following outcome is more likely to occur than the others in 10 tosses?

The Answer

All equally likely. Only if the question was about what is the chance to get 10 heads, vs 5 heads and 5 tails, then the answer will be different.

Haven't been getting any stock since I am still locked in with China Lifestyle delisting.

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