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  2. Checking whether a coin is fair - Wikipedia

    en.wikipedia.org/wiki/Checking_whether_a_coin_is...

    (Note: r is the probability of obtaining heads when tossing the same coin once.) Plot of the probability density f(r | H = 7, T = 3) = 1320 r 7 (1 − r) 3 with r ranging from 0 to 1. The probability for an unbiased coin (defined for this purpose as one whose probability of coming down heads is somewhere between 45% and 55%)

  3. United States Mint coin production - Wikipedia

    en.wikipedia.org/wiki/United_States_Mint_coin...

    "Circulating Coins Production data". United States Mint. Archived from the original on March 14, 2016. United States Mint. Archived 2017-01-31 at the Wayback Machine; Archived 2007-03-14 at the Wayback Machine dead links "50 STATE QUARTERS". COINSHEET. Archived from the original on October 27, 2007. "Pennies Minted by the U.S. Mint from 1970 to ...

  4. Fair coin - Wikipedia

    en.wikipedia.org/wiki/Fair_coin

    A fair coin, when tossed, should have an equal chance of landing either side up. In probability theory and statistics, a sequence of independent Bernoulli trials with probability 1/2 of success on each trial is metaphorically called a fair coin. One for which the probability is not 1/2 is called a biased or unfair coin.

  5. Experts Explain How To Assess Whether Your Old Coins or Bills ...

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    Coin collecting, sometimes called numismatics, can be more than a hobby for some. It can be a money-making investment. The same goes for collecting, saving or reselling old paper money. Learn: 5 ...

  6. Thousands of coins — many in ancient pouches — found in 1,500 ...

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  7. Coin flipping - Wikipedia

    en.wikipedia.org/wiki/Coin_flipping

    The three-way flip is 75% likely to work each time it is tried (if all coins are heads or all are tails, each of which occur 1/8 of the time due to the chances being 0.5 by 0.5 by 0.5, the flip is repeated until the results differ), and does not require that "heads" or "tails" be called.

  8. Are banks the best place to cash in your coins? - AOL

    www.aol.com/finance/banks-best-place-cash-coins...

    Lack of coin-counting machines: Many national banks have removed or ... machines provide immediate counting and exchange services but charge significant fees — up to 12.9 percent plus $0.99 per ...

  9. Gambler's fallacy - Wikipedia

    en.wikipedia.org/wiki/Gambler's_fallacy

    While a run of five heads has a probability of ⁠ 1 / 32 ⁠ = 0.03125 (a little over 3%), the misunderstanding lies in not realizing that this is the case only before the first coin is tossed. After the first four tosses in this example, the results are no longer unknown, so their probabilities are at that point equal to 1 (100%).