Stuck on Heads: A 21st Flip Quandary
Assume you have a perfect fair coin. You flip it 20 times in row and, to your astonishment, each time it comes up heads. Now you are preparing to flip it for the 21st time. What would you bet on if you must?
Assume you have a perfect fair coin. You flip it 20 times in row and, to your astonishment, each time it comes up heads. Now you are preparing to flip it for the 21st time. What would you bet on if you must?