QR.P.3
Evaluate the validity of claims based on empirical, theoretical, and subjective probabilities. Draw conclusions or make decisions related to risk, pay-off, expected value, and false negatives/positives in various probabilistic contexts.
Example Problems
Ramkin is going to flip a fair coin 1,200 times.
What is the best prediction for the number of times that the coin will land heads up?
What is the best prediction for the number of times that the coin will land heads up?
Elizabeth is going to flip a fair coin 100 times.
What is the best prediction for the number of times that the coin will land tails up?
What is the best prediction for the number of times that the coin will land tails up?
A fair coin is flipped 5 times. Let be the number of heads. What is the expected value of ?

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