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I said, “Wait a minute, Chester, you know I’m a peaceful man”, He said, “That’s okay, boy, won’t you feed him when you can” (The Weight, The Band)
It is quite easy to calculate the probability of obtaining the same number of heads and tails when tossing a coin N times, and N is even. There are
There is another way to approximate this number incredibly well: to use the Stirling’s formula, which is
This plot represents both calculations for N from 2 to 200:
Although for small values of N, Stirling’s approximation tends to overestimate probability …
… is extremely precise as N becomes bigger:
James Stirling published this amazing formula in 1730. It simplifies the calculus to the extreme and also gives a quick way to obtain the answer to a very interesting question: How many tosses are needed to be sure that the probability of obtaining the same number of heads and tails is under any given threshold? Just solve the formula for N and you will obtain the answer. And, also, the formula is another example of the presence of
Just another thing: the more I use highcharter
package the more I like it.
This is the code:
library(highcharter) library(dplyr) data.frame(N=seq(from=2, by=2, length.out = 100)) %>% mutate(Exact=choose(N,N/2)/2**N, Stirling=1/sqrt(pi*N/2))->data hc <- highchart() %>% hc_title(text = "Stirling's Approximation") %>% hc_subtitle(text = "How likely is getting 50% heads and 50% tails tossing a coin N times?") %>% hc_xAxis(title = list(text = "N: Number of tosses"), categories = data$N) %>% hc_yAxis(title = list(text = "Probability"), labels = list(format = "{value}%", useHTML = TRUE)) %>% hc_add_series(name = "Stirling", data = data$Stirling*100, marker = list(enabled = FALSE), color="blue") %>% hc_add_series(name = "Exact", data = data$Exact*100, marker = list(enabled = FALSE), color="lightblue") %>% hc_tooltip(formatter = JS("function(){return ('<b>Number of tosses: </b>'+this.x+'<br><b>Probability: </b>'+Highcharts.numberFormat(this.y, 2)+'%')}")) %>% hc_exporting(enabled = TRUE) %>% hc_chart(zoomType = "xy") hc
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