A Conversation for The Gambler's Fallacy
flipping more than one coin
ender7390 Started conversation Aug 7, 2005
Lets say you have 2 coins. Common sense says that there is a lower chance of both of them coming up heads, but the way you describe it, There is a 50/50... Now I am really confused.
There is a 50% chance of the first one coming up heads
There is a 50% chance of the second one coming up heads
There is a 50% chance they both come up heads?
No. Thats not right. There is a 25% chance they both come up heads. There are 2 events, so you need to multiply the probabilities. 1/2*1/2=1/4 So if you flip two coins consecutively, there is a 3/4 chance that the second one will not match the first one. That makes absolutely no sense whatsoever.
Could someone straighten me out?
I think I'll spend the coins in the slots now.
flipping more than one coin
adder Posted Sep 8, 2005
I think i've seen what you've done.
As you correctly said the probability of two heads are 1/4
The probability of two tails is also 1/4. 1/4 + 1/4 = 1/2
'there is a 3/4 chance that the second one will not match the first one.'
I think you've misssed that matching coins includes tails and tails as well as heads and heads
Hope this sorted it out
flipping more than one coin
ender7390 Posted Sep 21, 2005
Yes, I get it now. There is actually a 3/4 chance that they won't both be heads you flip any coins, after you flip the first, if it comes up heads, then there is a 1/2 chance. Thanks.
flipping more than one coin
ender7390 Posted Sep 21, 2005
Yes, I get it now. There is actually a 3/4 chance that they won't both be heads before you flip any coins, after you flip the first, if it comes up heads, then there is a 1/2 chance. Thanks.
(I don't know how to edit a post, I missed a word in my last one)
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flipping more than one coin
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