Mathematics
The mathematical abstraction of the statistics of coin flipping is described by means of the Bernoulli process; a single flip of a coin is a Bernoulli trial. In the study of statistics, coin-flipping plays the role of being an introductory example of the complexities of statistics. A commonly treated textbook topic is that of checking if a coin is fair.
Read more about this topic: Coin Flipping
Famous quotes containing the word mathematics:
“The three main medieval points of view regarding universals are designated by historians as realism, conceptualism, and nominalism. Essentially these same three doctrines reappear in twentieth-century surveys of the philosophy of mathematics under the new names logicism, intuitionism, and formalism.”
—Willard Van Orman Quine (b. 1908)
“Mathematics alone make us feel the limits of our intelligence. For we can always suppose in the case of an experiment that it is inexplicable because we dont happen to have all the data. In mathematics we have all the data ... and yet we dont understand. We always come back to the contemplation of our human wretchedness. What force is in relation to our will, the impenetrable opacity of mathematics is in relation to our intelligence.”
—Simone Weil (19091943)
“... though mathematics may teach a man how to build a bridge, it is what the Scotch Universities call the humanities, that teach him to be civil and sweet-tempered.”
—Amelia E. Barr (18311919)