Question

You are going to play a game where you bet a dollar and get to flip a coin ten (10) times. If you get four (4) heads in a row, you win. If you make the tenth flip without getting four heads in a row, you lose. Run this game ten thousand times (10,000). Approximately what is the probability that you will win? (choose the proper range)

Must be answered in Excel with formula.

Answer 1

Approximately 4,000 times

Explanation:

If you're flipping a coin to get 4 heads out of 10 and you times it by 10,000 then you would have a probable win rate of 4,000.