The following is a question which I personally find badly constructed, and would like to gather some opinion on:
Suppose you select a coin from a pile that is thought to have probability of landing heads $p\sim\mathcal{N}(\frac12, \frac1{100})$. The probability of landing heads three times in a row lies within $(\frac1{N+1},\frac1N)$, where $N\in\mathbb{Z}^+$. Find $N$.
This makes absolutely zero sense to me. First of all, now $p$ has a range spanning $\mathbb{R}$ which is unacceptable for a probability. Furthermore, even if you just assumed that the probability matched the mean exactly, that would be $N=8$. Where would the $N+1=9$ come into play? Am I missing something completely, or is this a badly constructed question?