coin-tossing experiment

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• Checking whether a coin is fair — In statistics, the question of checking whether a coin is fair is one whose importance lies, firstly, in providing a simple problem on which to illustrate basic ideas of statistical inference and, secondly, in providing a simple problem that can… …   Wikipedia

• Checking if a coin is fair — In statistics, a fair coin is an idealized randomizing device with two states (usually named heads and tails ) which are equally likely to occur. It is based on the ubiquitous coin flip used in sports and other situations where it is necessary to …   Wikipedia

• The Superinvestors of Graham-and-Doddsville — is an article by Warren Buffett promoting value investing, published in the Fall, 1984 issue of Hermes , Columbia Business School magazine. It was based on a speech given on May 17, 1984 at the Columbia University School of Business in honor of… …   Wikipedia

• probability theory — Math., Statistics. the theory of analyzing and making statements concerning the probability of the occurrence of uncertain events. Cf. probability (def. 4). [1830 40] * * * Branch of mathematics that deals with analysis of random events.… …   Universalium

• Randomized controlled trial — Flowchart of four phases (enrollment, intervention allocation, follow up, and data analysis) of a parallel randomized trial of two groups, modified from the CONSORT (Consolidated Standards of Reporting Trials) 2010 Statement[1] …   Wikipedia

• Gambler's fallacy — The Gambler s fallacy, also known as the Monte Carlo fallacy (because its most famous example happened in a Monte Carlo Casino in 1913)[1], and also referred to as the fallacy of the maturity of chances, is the belief that if deviations from… …   Wikipedia

• Paul the Octopus — Paul in his tank, next to a football boot with the German flag colours Other appellation(s) Paul Oktopus Paul der Krake Pulpo Paul …   Wikipedia

• Rupert Sheldrake — Born 28 June 1942 (1942 06 28) (age 69) Newark on Trent, Nottinghamshire Education …   Wikipedia

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• Urn problem — In statistics, an urn problem is an idealized thought experiment in which some objects of real interest (such as atoms, people, cars, etc.) are represented as colored balls in an urn or other container.One pretends to draw (remove) one or more… …   Wikipedia