What Is the Probability of Getting Tails 4 Times in a Row

question 4

Multiple Choice

What is the probability of getting tails 4 times in a row when you flip a coin?

• A)1 in 4
• B)1 in 10
• C)1 in 16
• D)1 in 20
• E)1 in 24

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Definitions:

Price-Earnings Ratio

The Price-Earnings Ratio (P/E Ratio) is a financial metric used to evaluate the value of a company's shares, calculated by dividing the current market price of a stock by its earnings per share.

Return On Total Assets

A financial ratio that measures the profitability of a company relative to its total assets.

Year 2

This refers to the second year of a business or financial operation, often used in context to compare data year-over-year.

Earnings Per Share

A company's net profit divided by the number of its outstanding shares, indicating the portion of a company's profit allocated to each share of stock.