as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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explain why the probability of a fair coin landing on heads is 0.5
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the probability of a fair coin landing on heads is 0.5 because there are only two possible outcomes when flipping a fair coin: heads or tails. because each side of the coin is equally likely to be face up when the coin is flipped, each outcome has an equal probability of occurring. the probability of a head will always be the same as the probability of a tail, which is 0.5.
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