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Research Article Open access CC BY 4.0

A Short Study on Bias Present in Classical Random Processes

Ayush Verma

Asian Journal of Probability and Statistics · pp. 30–34 · Published 8 Oct 2021

10.9734/ajpas/2021/v15i130346

Abstract

Sometimes, outcomes of random processes don’t seem to follow the theoretical probabilities due to the presence of bias and even when the probabilities are followed in a large number of trials, dynamic bias is still evident in many of these processes. This paper provides a short study on the bias using examples and defines what kind of processes could be biased. It also demonstrates the two types of bias which are dynamic and fixed. This study could be used to analyze the bias in various random processes and get a better understanding of the outcomes. Dynamic bias has further been explained with the help of 52 cards. The study helps in providing a better understanding of randomness and further helps in designing experiments.

Law of large numbers monte carlo bias probability error true probability deck of 52 cards design of experiments

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