• Math

    A Thing About the Hot Hand Fallacy and the “Law of Small Numbers”

    There was an interesting post and discussion on the NBA subreddit of Reddit on the Hot Hand phenomenon and whether or not it is a fallacy. Comment from discussion RyanLeafgOaT8’s comment from discussion "[OC] Going Nuclear: Klay Thompson’s Three-Point Percentage after Consecutive Makes". A Numberphile video on the topic: An article on the topic: https://www.scientificamerican.com/article/do-the-golden-state-warriors-have-hot-hands/ In some parts of the Numberphile video, Professor Lisa Goldberg emphasizes that issues of the “Law of Small Numbers,” which is described in the Scientific American article as: Early in their careers, Amos Tversky and Daniel Kahneman considered the human tendency to draw conclusions based on a few observations, which they called the ‘‘law of…