Mathematical Flashcards
PROBABILITY // Gambler’s Fallacy
Monte Carlo Fallacy
Fallacy of the Maturity of Chances
the false belief than a statistically independent probability is affected by past results
“I’ve flipped 9 heads in a row - the next flip MUST be a tails!”
PROBABILITY // Inverse Gambler’s Fallacy
the false belief that observing an unlikely result to a random process implies numerous prior iterations of the process
“that guy just rolled double-six; he must have been rolling for some time to get that!”
PROBABILITY // Prosecutor’s Fallacy
cf. Defence Attorney’s Fallacy
a misunderstanding of conditional probability, in believing that a low probability of matches implies a low probability of ANY matches being found
“The odds of winning the lottery are too low to believe anyone actually wins it!”
PROBABILITY // Retrospective Determinism
the fallacious belief that any true event was inevitable; that given that it happened, the probability of it happening (prior to the fact) was 100%
P occured
therefore, P was always going to occur
“John’s marriage has made him miserable, so it must have been inevitable he’d be an unhappy husband”
STATISTICS - Double Counting
counting the same event in a statistical argument multiple times, leading to a false conclusion
“I need ten pallets: one for each colour of the rainbow, and three for the primary colours”
STATISTICS - Ecological Fallacy
Ecological Inference Fallacy
Population Fallacy
inferring the nature of an individual from inferences on the group the individual belongs to; affected by mean and group averages
“there are 100 black men in the town, and 10% of the town are in the KKK, therefore the number of black men in the KKK here is 10% of 100 = 10”
“immigrants are more likely to be illiterate, yet states with more immigrants have lower levels of illiteracy”
STATISTICS - Ludic Fallacy
the faulty application of limited statistical models to inapplicable real-life scenarios
“A: This coin has flipped 1000 heads in a row, but I know the odds of it coming up tails are 1/2.
B: This is the real world, not a model. At some point you have to consider that the coin is dishonest.”
STATISTICS - Quantitative Fallacy
McNamara Fallacy
only considering quantitative, measurable factors at the ignorance of the qualitative
“A: We win wars by killing soldiers, so let’s track how many insurgents we’ve killed.
B: The more insurgents we kill, the more we inspire to join!”