Do You Have The Gambler’s Fallacy?
This is a Guest Post by AK of Fallible: Gambler’s Fallacy Explained On the other side of the coin (pun intended) we have the gambler’s fallacy (also known as the Monte Carlo fallacy). This is the opposite of recency bias. It occurs when you start believing that because a certain result happened more frequently […]
Do You Have The Gambler’s Fallacy? Read More »