Odds and Probability
Coin-flip streaks and what they do not prove
Five heads in a specified row is 1 in 32 on a fair coin. The run does not schedule the next toss or prove a system.
Tag
fair coin
2 posts tagged "fair coin".
Odds and Probability
Standard deviation in everyday language
Standard deviation measures typical scatter around an average. A fair-coin example shows why 100 small bets still swing.