How do we account for the fact that after each additional trial p(A) changes. In this instance let's say trials 201-210 all yield the desired result. That being the case p(A) will increase after each of these trials.
Guys and girls, I need help calculating the probability of the following event happening (or feel free to just tell me the answer :smile: )
I know an event has two possible outcomes, let's call the outcome A and outcome B. I know that the desired outcome (let's call it A) has occurred 25%...