Regarding binomial distribution, is one person making n repeated decisions the same as n-person making one time decision simultaneously?
Thank you for your responses.
Regarding binomial distribution, is one person making n repeated decisions the same as n-person making one time decision simultaneously?
Thank you for your responses.
Copyright © 2021 JogjaFile Inc.
Flipping one (fair) coin ten times is the same as flipping ten (fair) coins all at once.
That's a useful thing to remember when you want to convince someone that after a row of heads tails don't become more likely in order to catch up.
For a person making decisions it might be hard to claim that they are independent when they are sequential.