The Gambers falalcy is  1.The knowledge that the probability of a particular event actually does change with a long string of the same event. 2.The mistaken notion that the probability of two events is twice that a single event 3.the knowledge that the probability of two events actually is twice that of a single event  4. the mistaken notion that the probability of a particular event changes with a long string of the same event

MATLAB: An Introduction with Applications
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The Gambers falalcy is 

1.The knowledge that the probability of a particular event actually does change with a long string of the same event.

2.The mistaken notion that the probability of two events is twice that a single event

3.the knowledge that the probability of two events actually is twice that of a single event 

4. the mistaken notion that the probability of a particular event changes with a long string of the same event 

 

 

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Step 1

Gambers falalcy :

Event occurred more frequently than expected in past, 

Then , it has less probability that it will happen in future with same frequency.

Vice versa is also same as Gambers falalcy.

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