STATISTICS PROBABILITY...A reputed psychic called heads/tails correclty on five

Question

STATISTICS PROBABILITY...A reputed psychic called heads/tails correclty on five succesiive tosses of a coin (his coin). Assuming the coin is fair and balanced, what is the probability that the psychic simply guessed correclty?

YES, the answer is displayed right there but I do not know HOW to do it and what formula to use!! PLEASE EXPLAIN

A reputed psychic the heads/tails correclty on five succesiive tosses of a coin (his coin). Assuming the coin is fair and balanced, is the probability that the psychic simply guessed correclty? Answer format 123 Answer: X (031) View Feedback

Explanation / Answer

probabilty of getting right answer by guessing in one trail=0.5

hence probabilty of getting 5 right out of 5 =(0.5)5 =0.03125

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