Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
vladimir:
The ideal result should be heads 50% of the time and tails 50% of the time.
You urgently need to go read the first chapter of Feller's An Introduction to Probability Theory and its Applications which covers coin-tossing.

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
by Carrie (migeru at eurotrib dot com) on Fri Mar 20th, 2009 at 07:57:04 AM EST
[ Parent ]
It's only been about 20 years since my last statistics course.
by vladimir on Fri Mar 20th, 2009 at 08:06:54 AM EST
[ Parent ]

Display:

Occasional Series