On a series of coin tosses, Oleg has correctly predicted heads or tails seven times in a row. In this instance, we can reasonably conclude that Oleg's predictive accuracy

Question

Quizplus · Accepted Answer

Although the odds of predicting seven coin tosses correctly in a row is low (1 in 128), it is still possible and not defying the laws of statistical probability. It is also not an example of hindsight bias or the placebo effect. Therefore, the most logical explanation is that it is a random and coincidental occurrence.

On a Series of Coin Tosses, Oleg Has Correctly Predicted