ECON 142 Lecture Notes - Lecture 22: Monty Hall Problem, Thought Experiment, Free Throw
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Experiment: write down a hypothetical list of 50 coin tosses: If you actually did it, almost certain you"ll get runs of 5, certain 4 in a row. Fewer runs of h or tails when self constructed people expect fewer straights than there are in real world. 3 boxes, each of which have 2 coins. 1 box with 1 gold and 1 silver. You pick a box, then draw a gold coin. Started at but after taking away box with 2 silvers, but after. It"s more likely that the gold coin came from box 1. 3 doors = 1 door with prize and 2 duds. 1 non prize non revealed after contestant choses 1 contestant can switch or stay. As likely behind door to switch to. All began in 1983 with gilovich and tversky the hot hand in basketball: on the misperception of random sequences . Answers by cornell and stanford university basketball fans: