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A fair coin is tossed 12 times, on the first 3 tosses it lands up heads. What would be the rational gambler's estimate of the

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A fair coin is tossed 12 times, on the first 3 tosses it lands up heads. What would be the rational gambler's estimate of the probability of the fourth toss resulting in a tail? f What would be the gambler's estimate of the probability of the fourth toss resulting in a fail, if he believes in the gambler's fallacy

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