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Coin Flip Probability and Statistics
Formula
A fair coin has a 50/50 chance. Over many flips, the distribution approaches exactly 50%.
This demonstrates the law of large numbers in probability theory.
Common use cases:
- Make fair random decisions
- Teach probability concepts
- Simulate large numbers of coin tosses
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Sarah Chen
Financial Analyst, CFA
Sarah is a Chartered Financial Analyst with over 8 years of experience in investment management and financial modeling. She specializes in retirement planning and compound interest calculations.
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