Question: A special roulette wheel, which has an equal number of red and black spots, has come up red four times in a row. Assuming that

A special roulette wheel, which has an equal number of red and black spots, has come up red four times in a row. Assuming that the roulette wheel is fair, what concept allows a player to know that the probability the next spin of the wheel will come up black is 0.5?

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