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When betting whether a coin will land on heads, you find that the coin has landed on tails the last four flips.Assuming this is a
When betting whether a coin will land on heads, you find that the coin has landed on tails the last four flips.Assuming this is a fair coin, should you increase the amount of your bet of landing on heads for the fifth flip?
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No, you should bet on tails given those previous results
Yes, on a fair coin, heads will be more likely
Yes, as after four tails, a head is more likely the next outcome
No, tails is more likely on a fair coin
No, the probabilities do not change based on previous flips
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