3.875 X 2.75 inches Moulin du Roy 90 lb HP w/c paper graphite/watercolor pencils/water-soluble wax pastels
calculating probabilities in a situation like a coin toss is straightforward because the outcomes are mutually exclusive either one event or the other must occur each coin toss is an independent event the outcome of one trial has no effect on subsequent ones no matter how many consecutive times one side lands facing up the probability that it will do so at the next toss is always .5 (or 50-50)
the mistaken idea that a number of consecutive results makes it more likely that a different result will follow is known as the gambler's fallacy (one that has led to the downfall of many a bettor)
3.875 X 2.75 inches
ReplyDeleteMoulin du Roy 90 lb HP w/c paper
graphite/watercolor pencils/water-soluble wax pastels
calculating probabilities
in a situation like a coin toss is straightforward
because the outcomes are mutually exclusive
either one event or the other must occur
each coin toss is an independent event
the outcome of one trial has no effect on subsequent ones
no matter how many consecutive times one side lands facing up
the probability that it will do so at the next toss is always .5 (or 50-50)
the mistaken idea that a number of consecutive results
makes it more likely that a different result will follow
is known as the gambler's fallacy
(one that has led to the downfall of many a bettor)