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Re:Make a Fair Coin from a Biased Coin (2018) by mannerheim on Wednesday March 16, 2022 @03:51AM (#30696323)
To be fair, a 1% bias would probably not be detected in a hundred trials. CI for Bernoulli is +/- z * sqrt(p * (1-p) / n), so for a 95% confidence interval smaller than a percentage point, we have

1.96 * sqrt(p * (1-p) / n) = 0.01

0.5^2 / n = (0.01/1.96)^2

n = (1.96/0.01 * 0.5)^2

Or about 9604. So you need roughly 10k trials to determine with 95% confidence a bias of 1%.

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