Hi,
Reading this paper on coin toss probabilities:
The article states that:
"for a finite set of coin tosses, the sequences we intuitively feel to be less random are precisely the ones that are least likely to occur. Imagine a sliding window that can only "see" four coin tosses at a time (roughly the size of our memory capacity) while going through a series of results ? say from 20 coin tosses. The mathematics show that the contents of that window will hold "HHHT" more often than "HHHH" ("H" and "T" stands for for heads and tails)."
I think if there were three coin tosses and then you pick what the next coin will be, you should consider all 4 coins as already tossed, with the fourth coin as either heads or tails. So in the case of the first three already tossed as "HHH" then depending on the fourth pick it will be "HHHT" or "HHHH". Then also the order of those coins doesn't really matter, so it is good to shuffle them to see how many configurations they have. "HHHT" obviously has more configurations than "HHHH", ie:
HHHT, HHTH, HTHH, THHH = 4 configurations
while "HHHH" has only one configuration.
The total configurations for four heads or tails coins, is 2^4 = 16, so "HHHT" (in all 4 configurations) has a probability of 4/16=25% while "HHHH" (in its only configuration) has a probability of 1/16=6.25%
So, if there are four coin tosses, could the probability of the fourth coin being heads or tails could be determined this way? I have always just assumed a coin flip is 50/50, but too lazy to check. :)
cheers, Jamie