Suppose you throw a coin enough times... suppose one day, i…
Suppose you throw a coin enough times... suppose one day, it lands on its edge.
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That's not in the probability distribution. A true black swan.
I'm a Bayesian by nature. I have arguments with frequentists that if you see 10 heads a tail is more than 50% likely on the 11th toss for a fair sided coin. Never thought about the edge.