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Coin Toss Project
Coin Toss Project
Project II, Part One: Subjective Probability
What percent of the time do you expect to get 5 heads?
If the coin is biased, we can expect even 0 heads and also 5 consecutive heads. But a fair coin may give 60% heads.
What percent of the time do you expect to get 3 heads?
33.33%
What percent of the time do you expect to get 7 heads?
57.14% times
What percent of the time do you expect to get no heads?
57.14% times
What percent of the time do you expect to get all heads?
0% times
Use your guesses above to fill in the ...
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DCF methods typically assume that a project's ...
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