Re: Teaching an intelligent guy about a basic statistics concept
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Example: if the first 10 flips are heads and every other flip is tails, heads, tails, etc, then after 100 flips, you will have 55/45 or heads will come up 55 percent. After 1000 flips you will have 505/495 or heads will come up 50.5 percent of the time. The more flips you have the closer the odds of heads coming up will be 50% even though, at all times, the first 10 flips were heads.
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I'm gonna try this one and let you guys know. It seems like it will work.
Thanks for the help.
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