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Gambler's Fallacy
The incorrect belief that past random events can influence the likelihood of future random events, especially in the context of gambling.
Illusory Correlation
Recognizing a link between two variables where there is none in reality.
Statistical Regression
A statistical process used to determine the relationship between a dependent variable and one or more independent variables, often to predict outcomes or understand trends.
Illusory Correlation
The belief in a correlation between two factors even though such a connection does not truly exist.
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