Many basketball players and fans believe in the "hot hand." That is, they believe that a player is more likely to make a shot if that player has made several shots in a row
What does the hot hand hypothesis have to do with the idea of independent events? How might you test the hot hand hypothesis?
If you believe in the hot hand, then you believe that shooting a basketball several times are not independent events. And so you might, for example, believe that the probability of making a shot is higher if the player has made several shots in a row (the player is hot) than if the player had missed the last several shots. This is a testable hypothesis. You could gather data on shooting from games that have been played or by running an experiment to see if the probability a player makes a shot is independent of whether or not she made her last shot. The available evidence does not lend much support to the hot hand hypothesis.
See Thomas Gilovich, Robert Vallone, and Amos Tversky, "The Hot Hand in Basketball: On the Misperception of Random Sequences, Cognitive Psychology, 1985 (http://psych.cornell.edu/sites/default/files/Gilo.Vallone.Tversky.pdf)
You might also like to view...
If the demand for labor increases
I. employment increases. II. the real wage rate increases. A) Only I is correct. B) Only II is correct. C) Both I and II are correct. D) Neither I nor II is correct.
In the specific factors model, a 5% increase in the price of food accompanied by a 5% increase in the price of cloth will cause wages to ________, the production of cloth to ________, and the production of food to ________
A) increase by 5%; remain unchanged; remain unchanged B) increase by less then 5%; decrease; increase C) increase by more then 5%; increase; remain unchanged D) remain constant; increase; increase E) remain constant; decrease; decrease