Understand the idea
Independent events do not change each other’s probability. A streak by itself does not make the opposite result due on the next independent event.
Distinguish independent events
Independent events do not change each other’s probability. A streak by itself does not make the opposite result due on the next independent event.
Inside this edition
One topic. 3 useful perspectives.
3 sections
Context
Put it into practice
Use a fair coin as an example: after several heads, the next toss still has a one-half chance of heads under the fair independent model.
Know the limits
Do not assume a real game follows the fair-coin model without evidence about its rules and mechanism.
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