If I tell you, I flipped a coin 5 times and all the time I got head. What will be the outcome on 6th flip? Most of us will say head. Then I tell you that before this when the coin was flipped 20 times, the outcome was 50% head and 50% tail. After this information, we may get a little hesitant in calling out the outcome as head on the 6th flip but mostly…