[OC] For small sample sizes, a coin can appear to 'favor' tails after a run of heads. This bias disappears as the sample increases. But how long it takes depends on the length of the run of heads. Simulation results for runs of 3, 5, 10, and 15 heads in a row.
from /r/dataisbeautiful
[OC] For small sample sizes, a coin can appear to 'favor' tails after a run of heads. This bias disappears as the sample increases. But how long it takes depends on the length of the run of heads. Simulation results for runs of 3, 5, 10, and 15 heads in a row.