Is each value independent?

Yes. Every draw is a fresh 50/50 flip, unrelated to the previous one.

What is this good for?

Seeding A/B test buckets, mocking flags and creating sample datasets.

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How many

RESULT

Is each value independent?: Yes. Every draw is a fresh 50/50 flip, unrelated to the previous one.
What is this good for?: Seeding A/B test buckets, mocking flags and creating sample datasets.