What Is the Probability of Flipping a Coin 9 Times

question 133

Short Answer

What is the probability of flipping a coin 9 times and obtaining at least one head? Give your answer as a fraction.

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Definitions:

Probabilities

A statistical measure that quantifies the likelihood of one or more events happening.

Net Present Value

A financial metric used to evaluate the profitability of an investment, calculating the difference between the present value of cash inflows and the present value of cash outflows over time.

Future Cash Inflows

Projected incoming cash to a business from its operations, investments, or financing activities.

Rate of Return

The gain or loss on an investment over a specified period, expressed as a percentage of the investment’s cost.