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The coin toss in cricket is more important than in other games because in many situations it can lead a team winning or losing the game. Factors such as pitch conditions, weather and the time of day are considered by the team captain who wins the toss. Now there are websites such as flip a coin online which domestic sports team use to toss the ...
Flipism, sometimes spelled " flippism ", is a personal philosophy under which decisions are made by flipping a coin. It originally appeared in the Donald Duck Disney comic "Flip Decision" [1][2] by Carl Barks, published in 1953. Barks called a practitioner of "flipism" a "flippist". [3][4]
St. Petersburg paradox. The St. Petersburg paradox or St. Petersburg lottery[1] is a paradox involving the game of flipping a coin where the expected payoff of the lottery game is infinite but nevertheless seems to be worth only a very small amount to the participants. The St. Petersburg paradox is a situation where a naïve decision criterion ...
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Penney's game. Penney's game, named after its inventor Walter Penney, is a binary (head/tail) sequence generating game between two players. Player A selects a sequence of heads and tails (of length 3 or larger), and shows this sequence to player B. Player B then selects another sequence of heads and tails of the same length.
Quantum coin flipping uses the principles of quantum mechanics to encrypt messages for secure communication. It is a cryptographic primitive which can be used to construct more complex and useful cryptographic protocols, [2] e.g. Quantum Byzantine agreement .
The practical problem of checking whether a coin is fair might be considered as easily solved by performing a sufficiently large number of trials, but statistics and probability theory can provide guidance on two types of question; specifically those of how many trials to undertake and of the accuracy of an estimate of the probability of ...