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Business, 14.02.2020 23:10 kelebsessoms89

I toss a penny and observe whether it lands heads up or tails up. Suppose the penny is fair, i. e., the probability of
heads is 1/2 and the probability of tails is 1/2. This means

A) if I flip the coin many, many times, the proportion of heads will be approximately 1/2, and this proportion will tend to
get closer and closer to 1/2 as the number of tosses increases.
B) regardless of the number of flips, half will be heads and half tails.
C) every occurrence of a head must be balanced by a tail in one of the next two or three tosses.
D) all of the above.

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