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Two-headed coin among a hundred after one head

Question

A bag holds 100100 coins: 9898 ordinary fair coins, one coin with a head on each face, and one coin with a tail on each face. You draw a coin at random, toss it once, and see a head. What is the probability you drew the two-headed coin?

Short answer

150\tfrac1{50}. Heads arise with total probability 98100⋅12+1100⋅1=50100\tfrac{98}{100}\cdot\tfrac12+\tfrac1{100}\cdot1=\tfrac{50}{100}. The two-headed coin contributes 1100\tfrac1{100} of that, so Bayes gives 1/10050/100=150\tfrac{1/100}{50/100}=\tfrac1{50}.

Adapted from QuantQuestions.io; question and answer rewritten by SelfMadeQuant.com.

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