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  2. Checking whether a coin is fair - Wikipedia

    en.wikipedia.org/wiki/Checking_whether_a_coin_is...

    It is of course impossible to rule out arbitrarily small deviations from fairness such as might be expected to affect only one flip in a lifetime of flipping; also it is always possible for an unfair (or "biased") coin to happen to turn up exactly 10 heads in 20 flips. Therefore, any fairness test must only establish a certain degree of ...

  3. Fair coin - Wikipedia

    en.wikipedia.org/wiki/Fair_coin

    In theoretical studies, the assumption that a coin is fair is often made by referring to an ideal coin. John Edmund Kerrich performed experiments in coin flipping and found that a coin made from a wooden disk about the size of a crown and coated on one side with lead landed heads (wooden side up) 679 times out of 1000. [1]

  4. Coin flipping - Wikipedia

    en.wikipedia.org/wiki/Coin_flipping

    Coin flipping, coin tossing, or heads or tails is the practice of throwing a coin in the air and checking which side is showing when it lands, in order to randomly choose between two alternatives. It is a form of sortition which inherently has two possible outcomes.

  5. Bernoulli trial - Wikipedia

    en.wikipedia.org/wiki/Bernoulli_trial

    A representation of the possible outcomes of flipping a fair coin four times in terms of the number of heads. As can be seen, the probability of getting exactly two heads in four flips is 6/16 = 3/8, which matches the calculations. For this experiment, let a heads be defined as a success and a tails as a failure.

  6. Flipping Rare Coins: A Profitable Side Hustle for Coin ... - AOL

    www.aol.com/flipping-rare-coins-profitable-side...

    Successfully flipping rare coins for profit involves utilizing the right platforms and strategies. Online auctions: Use platforms like eBay to reach a wide audience of potential buyers.

  7. Gambler's fallacy - Wikipedia

    en.wikipedia.org/wiki/Gambler's_fallacy

    When flipping a fair coin 21 times, the outcome is equally likely to be 21 heads as 20 heads and then 1 tail. These two outcomes are equally as likely as any of the other combinations that can be obtained from 21 flips of a coin. All of the 21-flip combinations will have probabilities equal to 0.5 21, or 1 in 2,097,152. Assuming that a change ...

  8. p-value - Wikipedia

    en.wikipedia.org/wiki/P-value

    As an example of a statistical test, an experiment is performed to determine whether a coin flip is fair (equal chance of landing heads or tails) or unfairly biased (one outcome being more likely than the other). Suppose that the experimental results show the coin turning up heads 14 times out of 20 total flips.

  9. Bernoulli distribution - Wikipedia

    en.wikipedia.org/wiki/Bernoulli_distribution

    It can be used to represent a (possibly biased) coin toss where 1 and 0 would represent "heads" and "tails", respectively, and p would be the probability of the coin landing on heads (or vice versa where 1 would represent tails and p would be the probability of tails). In particular, unfair coins would have /