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Math
How Can Randomness Be Predictable?
A Quick Coin Toss
Before You Place The Big Bet
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Key Facts In This Video

Stochasticity means randomness, which can be thought of as unpredictability happening within a set of predictable rules. 00:08

An experiment at UC Berkeley had one group of students flip a coin 100 times and write down the results, and another group simply write down what they think the results of 100 coin tosses would be. A statistician looks at both results and knows which team actually flipped the coin, because the real results show patterns that don't show up in the fake results  long stretches of only tails, for instance. 00:35

In a stochastic system, you can never predict the exact results, but you can forecast the probability that certain sequences will show up. 01:20
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