The man in the street, and also the philosopher K. Marbe, believe that after a run of seventeen heads tail becomes more probable. This argument has n… - William Feller

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The man in the street, and also the philosopher K. Marbe, believe that after a run of seventeen heads tail becomes more probable. This argument has nothing to do with imperfections of physical coins; it endows nature with memory, or, in our terminology, it denies the stochastic independence of successive trials. Marbe's theory cannot be refuted by logic but is rejected because of empirical support.