If a Coin Is Balanced So That P(Heads) = P(Tails)

question 28

Multiple Choice

If a coin is balanced so that p(Heads) = p(Tails) = 1/2, then which of the following outcomes is more unlikely to occur?

• A)12 Heads in 16 tosses (75% Heads)
• B)30 Heads in 40 tosses (75% Heads)
• C)75 Heads in 100 tosses (75% Heads)
• D)The other 3 outcomes are all equally likely to occur.

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Definitions:

Current Liabilities

Short-term financial obligations due within one year or within the normal operating cycle of the business, whichever is longer.

Current Ratio

The current ratio is a financial metric that measures a company's ability to pay short-term obligations with its short-term assets.

Short-term Debts

Obligations or loans that are due to be paid within one year or less, typically used to fund immediate operational needs.

Cash Basis Accounting

A financial recording approach where earnings and outlays are only acknowledged upon the receipt or payment of cash.