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Suppose 1,000 Experts Flip a Coin Once Each Year and Half

question 114

Multiple Choice

Suppose 1,000 experts flip a coin once each year and half say the market will go up, while the other half say the market will go down. After six years how many experts would have been correct every year?


Definitions:

Hyporeflexia

A condition characterized by below-normal or absent reflexes, which can be indicative of peripheral nervous system damage.

Babinski Sign

A reflex action of the toes, where they fan out when the sole of the foot is stimulated, indicating possible neurological damage.

Cerebral Cortex

The outer layer of the cerebrum, involved in various high-level functions such as sensation, voluntary muscle movement, thought, reasoning, and memory.

Oriented

The state of being aware of one's own personal identity, place, time, and situation as a measure of cognitive function.

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