GIGAMIND

Folder:
113 Math
File:
113.038.03 Probability - Gamblers Fallacy

Gambler's fallacy

"I got heads a bunch of times in a row, so I should be more likely to get a tails on the next one" < this is a fallacy because each flip of a coin is a completely independent event, one flip does not influence the probability of the next flip's outcome


Tags:
  • statistics
  • probabilities