SOLUTION: If the probablility of tossing four pennies 96 times and all four landing on heads was 4/96, what is the probability all four will land on heads when you toss them 1,000,000 times.

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Question 98863: If the probablility of tossing four pennies 96 times and all four landing on heads was 4/96, what is the probability all four will land on heads when you toss them 1,000,000 times.
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
If the probablility of tossing four pennies 96 times and all four landing on heads was 4/96, what is the probability all four will land on heads when you toss them 1,000,000 times.
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Your results after 96 trials with your particular set of four pennies give
a probability of 4/96 = 0.0416666..
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After one million trial with those same pennies you could expect the
results to be similar if you base your probability numbers on experimental
results, or you could expect the probability to move in the direction of
1/16 = 0.0625 based on the Law of Large Numbers.
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Cheers,
Stan H.