Your friend proposes a bet where if it lands on heads 49 50


A fair coin is flipped 100 times. Your friend proposes a bet where if it lands on heads 49, 50, or 51 times, you win $4, but if it lands on heads more than 51 times or less than 49 times, you lose $1. Should you take the bet?

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Basic Statistics: Your friend proposes a bet where if it lands on heads 49 50
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