Author Question: If you have flipped a fair coin and tails has come up 49 times in a row, what are the odds that the ... (Read 1586 times)

Beheh · **on:** Jul 1, 2018

If you have flipped a fair coin and tails has come up 49 times in a row, what are the odds that the next flip will be a head?

A) 1/50
B) 1/25
C) 1/2
D) 1 (100)

Question 2

Which of the following is most likely to have declining opportunity costs?

A) a delivery van
B) an apartment building in Manhattan
C) an acre of land in San Francisco
D) a park in downtown London