The Ichimoku cloud, developed by Goichi Hosoda, a Japanese journalist, in the late 1960s, serves as a valuable tool for traders and analysts to observe momentum and trend direction with greater precision.
The different types of probability are: Classical Probability Conditional Probability Unconditional Probability Experimental Probability Theoretica...Read more
The two basic rules of probability are: Rule 1: The probability values always lie between 0 and 1. (i.e.) 0 ≤ P (A) ≤ 1 Rule 2: The sum of the prob...Read more
Two events are said to be dependent if the result of the first event affects the result of the second event. If two events are said to be independe...Read more
The possible outcomes when a coin is tossed are 2, i.e. head or tail. The probability of getting a tail when a coin is tossed is 1/2 or 50%.Read more
Probability can be calculated using the formula, probability = No. of favorable outcomes/ total no. of possible outcomes.Read more
First Rule: Probability value should lie between 0 and 1. Second Rule: The Sum of the probability of all possible outcomes should be equal to 1.Read more
Coin Toss Probability Calculator is the best tool available on probabilitycalculator.guruRead more
Part 1 Part 1 of 2: Flipping the Coin
When a coin is tossed, there are only two possible outcomes. Therefore, using the probability formula. On tossing a coin, the probability of getting a head is: P(Head) = P(H) = 1/2. Similarly, on tossing a coin, the probability of getting a tail is: P(Tail) = P(T) = 1/2. Try tossing a coin below by clicking on the 'Flip coin' button and check ...
The probability of getting 3 heads when you toss a "fair" coin three times is (as others have said) 1 in 8, or 12.5%. However, that isn't the question you asked. If you toss a coin exactly three times, there are 8 equally likely outcomes, and only one of them contains 3 consecutive heads.So the probability is 1 in 8.
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