The Trustee in charge of the collapsed exchange's assets will allocate 87% of the funds currently held to distribute to users on an interim basis.
The Trustee in charge of the collapsed exchange's assets will allocate 87% of the funds currently held to distribute to users on an interim basis.
According to reports, the superstar avoided a disastrous deal with FTX by posing a single, crucial question.
Michael Saylor of MicroStrategy is said to have cheated the system. This doesn't mean that he will lose his bitcoin.
To find the probability of anything other than all heads, simply note that 'all heads + anything else = 1'. For the fair coin then, there's a 1 - (0.5^n) chance of getting anything other than all heads and that chance is 1 - (0.75^n) for the biased coin.
A fair coin has a 50% chance of landing on heads or tails. A fair coin flipped n times has a (0.5^n) chance of getting all heads. Likewise, our biased coin flipped n times has a (0.75^n) chance of getting all heads. To find the probability of anything other than all heads, simply note that 'all heads + anything else = 1'.
Most coins are close to being fair. That is, they have the same probability of landing heads and tails (0.5). You can talk about the bias in terms of only one of those probabilities. There are only two possible outcomes and the other probability has to be 1 minus the first.
The probability of all three tosses is heads: P ( three heads) = 1 × 1 + 99 × 1 8 100. The probability of three heads given the biased coin is trivial: P ( three heads | biased coin) = 1. P ( biased coin | three heads) = 1 × 1 / 100 1 + 99 × 1 8 100 = 1 1 + 99 × 1 8 = 8 107 ≈ 0.07476636
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