8 July, 2017 by The TZ Newswire Staff Comments Off on Internal Feuding Within The ECB Over Tapering: Reflections On Monetary
Internal Feuding Within The ECB Over Tapering: Reflections On Monetary
8 July, 2017 by The TZ Newswire Staff Comments Off on Financial “Collateral Damage” Highlights Gap Between US And China
Financial “Collateral Damage” Highlights Gap Between US And China
8 July, 2017 by The TZ Newswire Staff Comments Off on The Civilian Labor Force, Unemployment Claims And The Business Cycle
The Civilian Labor Force, Unemployment Claims And The Business Cycle
8 July, 2017 by The TZ Newswire Staff Comments Off on WLI Growth Index Continues Its Decline
WLI Growth Index Continues Its Decline
8 July, 2017 by The TZ Newswire Staff Comments Off on Good June Jobs Report Helps Market As Earnings Season Arrives
Good June Jobs Report Helps Market As Earnings Season Arrives
8 July, 2017 by The TZ Newswire Staff Comments Off on Am I Missing Something – Probability and Streaks
Am I Missing Something – Probability and Streaks
Dear Community
Could someone help me out.
I keep reading that when you toss a coin 10 times if it comes up heads all 10 times then there is still a 50:50 chance that on the 11th toss it could be heads or tails because the probability is still the same.
However when I study the law of streaks it shows me that for a sample size of 11 where the probability is 50:50 that the percentage of getting an 11th head in a row is 0.05%.
In fact the law of streaks comes up with the following
a streak…