Advanced probability and applications
COM-417
Quiz 1
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Description
You are given a single biased coin that
falls on
heads with probability 3/4 and on tails with probability 1/4. Still, you would like to play a fair
game with a
friend using only this coin. Is it possible? And what if the coin falls
on heads with probability 2/3 and on tails with probability 1/3?