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Old 01-03-2006, 06:16 PM
Alk3 Alk3 is offline
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Join Date: Jan 2006
Posts: 54
Default Re: Problem with your book

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because a long term span will also eventually include a period of time where it comes 19 heads in a row.


[/ QUOTE ] But why? Why will a long term period of time eventually include 19 heads in a row. How do you know this? You are predicting future results.... Based on past events!

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Then I've got a better challenge than playing HU...

You and I will sit down at a table with a quarter. We'll flip it over and over. Everytime we manage to flip heads 19 times in a row - you can give me 100-to-1 on any amount of money that the next (20th) flip will be tails.

Sound like a deal?

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Lol, we'll be sitting at that table for a long time. Plus I'm not saying its impossible for that coin to come up heads on the 20th flip, just more unlikely than tails. So 100:1 is a little steep. I'd definitely give you like 1.5:1 or maybe even 2:1 though.

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Think about WTF you are saying. How is it possible for a NORMAL [censored] COIN to have any other probablity than 50/50? There are only two equal sides it could land on, jackass.

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I seriously fail to see your point, in fact, your'e helping to make my point. There are only two sides for it to fall on, and it should fall on them a roughly equal amount of time. Therefore if it has fallen a lot on one side, it will need to even out eventually in this "long run" that everyone keeps talking about. No need to be rude. <font color="white"> </font>

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"The problem with the long run is that in it, we'll all be dead"

Adam Smith