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Sun, Yanlong; Wang, Hongbin – Cognitive Psychology, 2010
People tend to think that streaks in random sequential events are rare and remarkable. When they actually encounter streaks, they tend to consider the underlying process as non-random. The present paper examines the time of pattern occurrences in sequences of Bernoulli trials, and shows that among all patterns of the same length, a streak is the…
Descriptors: Psychology, Statistics, Perception, Probability