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Only if you only play 3 times though (in your previous example). Statistics also are about figuring out what sort of outliers must exist for a process to be fai
by manwe150 2y ago
Only if you only play 3 times though (in your previous example). Statistics also are about figuring out what sort of outliers must exist for a process to be fair (true random). For something like a mega lottery with terrible odds, then winning twice is already very unlikely. But for something easy like a coin flip, every N trials should have a run of about sqrt N heads or wins in a row if it is unbiased. For something unlikely like lotto, it is closer to looking at the birthday paradox: the probability of one person winning twice is low; but the probability that there exists a person who won twice is high, at random.