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Regression: ordinary after extreme, not a curse

Extreme observations are often followed by something closer to average. It is a different cell from hot-hand and gambler’s fallacy. Pair with those URLs. “The streak ended” is not a sell signal. No investing advice.

Selection

If only extremes make the news, the next looks ordinary.

Independence

Regression does not push the next ball. It names an illusion.

Responsibility

Entertainment. No all-in or all-stop on a stripe.

We do not sell

No streak-ended alarm.

Related

FAQ

The streak ended — buy or quit?
Not a signal.
Numbers?
No.
Prediction?
No.
A curse?
No.

For entertainment and arithmetic. Combinatorics, bias, and expected value are not a winning tip or investment advice. Draws are random.

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