You are asked to predict the outcome of a series of tosses of a fair coin.Which of the following is true?
A)To improve accuracy of prediction you are better off changing your guess from trial to trial as it is a random process.
B)To improve accuracy of prediction you are better off randomly selecting an alternative than trying to guess what will happen.
C)To improve accuracy of prediction you are better off sticking to the same alternative on each trial.
D)Extensive statistical training would help you improve your prediction of the coin toss by reducing the impact of the gambler's fallacy.
E)There is no way to improve accuracy of prediction for a fair coin toss.

Question

Quizplus · Accepted Answer

Given that a fair coin toss is a completely random event with a 50/50 chance of landing on heads or tails, there is no strategy or pattern recognition that can improve the accuracy of predicting the outcome. Each toss is independent of the previous ones, making it impossible to increase prediction accuracy over pure chance.

You Are Asked to Predict the Outcome of a Series