Suppose you toss a coin 100 times and get 68 heads and 32 tails. Based on these results, what is the estimated probability that the next flip results in a head? The estimated probability that the next flip results in a head is approximately (Type an integer or decimal rounded to two decimal places as needed.)
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Based on your 100 coin tosses where you got 68 heads and 32 tails, the estimated probability of getting heads on the next flip is calculated by dividing the number of heads by the total number of flips. So, that would be 68 heads out of 100 total tosses, which gives us an estimated probability of 0.68, or 68%. Just remember, in the world of probability, every flip of a fair coin has an equal 50/50 chance, but your observations give an insight based on past outcomes! Isn't it fascinating how probability plays a role in such simple activities like coin tossing? The outcomes may seem to influence the next, but every flip remains independent. This principle is what keeps coin enthusiasts tossing for fun, regardless of previous results! Each flip is its own adventure in the realm of randomness.