If I have a series of 1's and 0's, with each subsequent data point dependent upon the number of preceding points of the same value; is there a formula to tell me (based on dataset) if I have have three 1s in a row then there is X% chance the next datapoint will be 0?
EX
00010001000X
Based upon above dataset X=1 100% of the time
EX
00010001000X
Based upon above dataset X=1 100% of the time
