Flipping a coin is often the initial example used to help teach probability and statistics to maths students. Often, there is talk of how, given a fair coin, the probability of landing heads or tails ...

When you flip a coin to make a decision, there's an equal chance of getting heads and tails. What if you flipped two coins repeatedly, so that one option would win as soon as two heads showed up in a ...

Flipping a coin is often the initial example used to help teach probability and statistics to maths students. Often, there is talk of how, given a fair coin, the probability of landing heads or tails ...

Each month, the NBER Digest summarizes several recent NBER working papers. These papers have not been peer-reviewed, but are circulated by their authors for comment ...