Quote:
Originally Posted by GOLDNSQUID
Each flip is 50/50
Indeed - each coin flip is 50/50.
That of course was not an answer to the question, so let's try again.
What are the odds of 10 heads in a row? Hint, each coin flip is indeed 50/50, but the odds of 10 heads in a row for a future sequence of 10 flips is not 50/50. Gambler's Fallacy is not involved. Flipping houses is not involved. The singer 50 Cent is not involved.
This is a very, very basic stats question. Try again to see if you can answer it. The last time you did not answer the question.
All the best.
Quote:
Originally Posted by GOLDNSQUID
And in those 100,000 there will be runs of 100 heads or tails
Nope, but if you want to prop bet this (there are simulators that can do this easily) let me know. I will even give you 3-1 on your money because I am that generous, and best part is you will find literally as much action as you can afford.
Don't let the odds of a sequence like that of about 1 in 10,000,000,000,000,000,000,000,000,000,000 concern you since after all you have both heads AND tails for it to happen That is twice the odds and since each coin flip is 50% - that means it is 100% in your world of math! Free money for the taking, all we have to do is arrange escrow for the wager, because one definite stat is there is 0% you will pay after you lose otherwise.
If you like, you can brush up on your math on this topic here
https://math.stackexchange.com/quest...ke-1-000-flips
where they discuss odds for longest "run of heads" in 1,000 flips. Perhaps you can post in the thread and tell them about Gambler's Fallacy. Hint, the answer (for 1,000 flips) is 9. The answer for 500 is about 8, so you know.
Here is another article on the topic as well
https://blogs.scientificamerican.com...imes-in-a-row/
with the conclusion of
"After crunching the numbers, I am convinced that no one in the world has ever flipped heads 76 or 90 times in a row on a fair coin, as Rosencrantz and Guildenstern did in the play. But that's the magic of theater, I suppose."
- good luck to you getting to 100 flips in a row, but that's the magic of riggies, I suppose...
Last edited by Monteroy; 06-05-2017 at 07:16 PM.