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Lesson 4 of 11

More tries, steadier

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8 min

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After one toss, the share of heads is 0 or 1. That is nowhere near the middle.

A made-up run of twenty tosses, not a real toss.
Step 1 of 4
  1. A made-up run of twenty tosses, not a real toss.
  2. After 1 toss the share is 0 or 1.
  3. After 10 tosses the share wobbles near the middle.
  4. After 20 tosses it sits at 0.45, close to 0.5 but not on it.

What settling looks like

The share of heads is heads so far ÷ tosses so far. The running share is that share after each toss. To settle is to change less and less.

Toss once: the share is 0 or 1. Toss ten times: it is usually near the middle. Toss twenty, then a hundred. The running share keeps moving, but its swings usually shrink.

The share keeps moving

Smaller swings are not stillness. A run can look settled at toss 200. It can still move at toss 201. A late, small move is normal.

The made-up run above, read at three points
After this many tossesRunning share
11.0
100.5
200.45

Rule: More tries steady the share. They never fully still it. Each try is blind to the ones before it.

Blind here means earlier tries have no effect on a try.

The worked-out chance comes from counting the set-up. For a fair coin, that chance is 1/2. Law of large numbers — many tries bring the share near that chance. The share need not equal that chance exactly.

Drag the slider. Watch the line settle.

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