Examlex

Solved

A Friend of Yours Plans to Toss a Fair Coin

question 38

Multiple Choice

A friend of yours plans to toss a fair coin 200 times. You watch the first 40 tosses, noticing that she got only 16 heads. But then you get bored and leave. If the coin is fair, how many heads do you expect her to have when she has finished the 200 tosses?


Definitions:

Current Account

A component of a country's balance of payments that includes the trade balance, net primary income, and net secondary income, reflecting the difference between a country's savings and its investment.

Capital and Financial Account

A component of a country's balance of payments that records investment flows and purchasing of domestic firms by foreign investors, and vice versa.

International Transfers

Financial transactions where funds are sent across national borders, either by governments, businesses, or individuals.

Related Questions