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  2. Bernoulli process - Wikipedia

    en.wikipedia.org/wiki/Bernoulli_process

    For example, if x represents a sequence of coin flips, then the associated Bernoulli sequence is the list of natural numbers or time-points for which the coin toss outcome is heads. So defined, a Bernoulli sequence Z x {\displaystyle \mathbb {Z} ^{x}} is also a random subset of the index set, the natural numbers N {\displaystyle \mathbb {N} } .

  3. Coin flipping - Wikipedia

    en.wikipedia.org/wiki/Coin_flipping

    Tossing a coin. 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. The party who calls the side that is facing up when the coin ...

  4. Flipism - Wikipedia

    en.wikipedia.org/wiki/Flipism

    It originally appeared in the Donald Duck Disney comic "Flip Decision" [1] [2] by Carl Barks, published in 1953. Barks called a practitioner of "flipism" a "flippist". [3] [4] An actual coin is not necessary: dice or another random generator may be used for decision making.

  5. Law of large numbers - Wikipedia

    en.wikipedia.org/wiki/Law_of_large_numbers

    For example, a fair coin toss is a Bernoulli trial. When a fair coin is flipped once, the theoretical probability that the outcome will be heads is equal to 1 ⁄ 2. Therefore, according to the law of large numbers, the proportion of heads in a "large" number of coin flips "should be" roughly 1 ⁄ 2.

  6. Penney's game - Wikipedia

    en.wikipedia.org/wiki/Penney's_game

    As this card-based version is quite similar to multiple repetitions of the original coin game, the second player's advantage is greatly amplified. The probabilities are slightly different because the odds for each flip of a coin are independent while the odds of drawing a red or black card each time is dependent on previous draws. Note that HHT ...

  7. Bernoulli distribution - Wikipedia

    en.wikipedia.org/wiki/Bernoulli_distribution

    The categorical distribution is the generalization of the Bernoulli distribution for variables with any constant number of discrete values. The Beta distribution is the conjugate prior of the Bernoulli distribution. [5] The geometric distribution models the number of independent and identical Bernoulli trials needed to get one success.

  8. Fair coin - Wikipedia

    en.wikipedia.org/wiki/Fair_coin

    If a cheat has altered a coin to prefer one side over another (a biased coin), the coin can still be used for fair results by changing the game slightly. John von Neumann gave the following procedure: [4] Toss the coin twice. If the results match, start over, forgetting both results. If the results differ, use the first result, forgetting the ...

  9. Martingale (probability theory) - Wikipedia

    en.wikipedia.org/wiki/Martingale_(probability...

    A gambler's fortune (capital) is a martingale if all the betting games which the gambler plays are fair. The gambler is playing a game of coin flipping. Suppose X n is the gambler's fortune after n tosses of a fair coin, such that the gambler wins $1 if the coin toss outcome is heads and loses $1 if the coin toss outcome is tails. The gambler's ...