Exercise · ZW-LAW-OF-LARGE-NUMBERS-008 · ★★☆ Intermediate
A fair coin came up heads 5 times in a row. What is the probability of heads on the next toss?
Choose one option.
Show answer
- D. \(\tfrac12\)
Exercise · ZW-LAW-OF-LARGE-NUMBERS-008 · ★★☆ Intermediate
Choose one option.
Tosses are independent; the law of large numbers speaks about the long-run proportion and does not «compensate» past streaks.
The law of large numbers states that the average \(\bar X_n\) of \(n\) independent observations of a variable \(X\) approaches its expectation \(\mu\) as \(n\) grows.