If an ordinary coin has been tossed 10 times, and each of the last 5 tosses have resulted in "tails" then what is the probability of "tails" on the next toss?
(A) Around 0.50, because heads and tails should be equally likely.
(B) Less than 0.50, because the coin is due to come up "heads" by the law of averages.
(C) More than 0.50, because "tails" is currently on a hot streak.
(D) Either 0 or 1, because either a "heads" or a "tails" is certain to occur on the next toss.
Answer: (A) Around 0.50, because heads and tails should be equally likely.
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