Gambler’s Fallacy And Why It Matters In Business - FourWeekMBA
4:54
fourweekmba.com
Gambler’s Fallacy And Why It Matters In Business - FourWeekMBA
Gambler’s fallacy is a mistaken belief that past events influence future events. This fallacy can manifest in several ways. One example, if how individuals mistakenly conclude past events. Instead, to prevent the gambler's fallacy, business people need to know that the real world is more complex and subtle than a game, and rather than relying ...
Apr 25, 2024
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