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Imagine there are two scenarios

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A fair coin (equal probability of heads or tails) is tossed, and you win a dollar if there are more than 60% heads. Imagine there are two scenarios?

A.) The coin is tossed 10 times

B.) The coin is tossed 100 times

Explain which of (a) or (b) is better for you, and give reasons for your choice.

Reference no: EM131743043

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