Suppose that you toss a coin 100 times and get 70 heads. If you continue tossing the coin, the estimated probability of heads overall should approach 50% if the coin is fair. Will you have to get more tails than heads in subsequent tosses to “correct” for the 70 heads you got in the first 100 tosses?

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter9: Counting And Probability
Section: Chapter Questions
Problem 14T: An unbalanced coin is weighted so that the probability of heads is 0.55. The coin is tossed ten...
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Suppose that you toss a coin 100 times and get 70 heads.
If you continue tossing the coin, the estimated probability
of heads overall should approach 50% if the coin is fair.
Will you have to get more tails than heads in subsequent
tosses to “correct” for the 70 heads you got in the first
100 tosses?

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