Theyve done tests where they ask humans to make up the results of - TopicsExpress



          

Theyve done tests where they ask humans to make up the results of 100 coin flips. Computer programs exist they can consistently tell human-generated random data from genuinely random data. The rub is that human coin flip sequences rarely if ever have sufficiently long sequences of heads or tails. In 100 coin flips, ten heads in a row isnt ALL that weird. This cognitive deficiency is why people lose all their money at gambling; they cant imagine their bad luck lasting as long as it sometimes will.
Posted on: Sat, 22 Mar 2014 10:02:10 +0000

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