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    Managerial Economics and Strategy Study Set 2
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    Exam 14: Managerial Decision-Making Under Uncertainty
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    If You Have Flipped a Fair Coin and Tails Has
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If You Have Flipped a Fair Coin and Tails Has

Question 53

Question 53

Multiple Choice

If you have flipped a fair coin and tails has come up 49 times in a row, what are the odds that the next flip will be a tail?


A) 0
B) 1/50
C) 1/25
D) 1/2

Correct Answer:

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