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A comment on Houston is experiencing its third ‘500-year’ flood in 3 years. Parent comment
It's a very complicated question to determine what a 1/500 odds of flooding are.
So, it's very possible that this isn't the gambler's fallacy, but rather the model itself is inaccurate.
It's a very complicated question to determine what a 1/500 odds of flooding are.
So, it's very possible that this isn't the gambler's fallacy, but rather the model itself is inaccurate.