I thought an interesting thing to test would be to see how good people are at generating random numbers. I will have people post random number sequences of 0's and 1's here and I will analyse the results to look for any biases. Here are the rules. If not followed your post will not be counted. 1) 100 random 0's or 1's (no more no less) 2) The chance of choosing a 0 should be 0.5 and the chance of chosing a 1 should be 0.5. This does not mean you will have 50 0's and 50 1's it means that on average people will have 50/50. Some will have more some will have less. 3) No random number generators. 4) Don't try too hard. Example: (make rows of 10 so its easier to count) 1001010111 0010110111 0101011010 0001011101 1111010100 0101001010 1010010100 1101110101 0100101110 1010010110
1111111111 1111111111 1111111111 1111111111 1111111111 1111111111 1111111111 1111111111 1111111111 1111111111
0100110011 1110001010 0011100100 1100100000 1110110001 1100001010 0010100101 1110010001 0010101001 1010010111
1111111111 1111111111 1111111111 1111111111 1111111111 0000000000 0000000000 0000000000 0000000000 0000000000 Is the human random?
If your brain truly works randomly, you would end up in a place where I spent 3 years of my precious adult life: a mental hospital. Oh, if you live in Toronto (lots of ETers are from Canada, I noticed), you may be able to help a guy by answering the following question: http://answers.yahoo.com/question/index?qid=20070306142358AABJV5H
1010010101 1010001000 0101011010 1011101010 0111001100 1000110000 1011110100 0110110001 0101110000 1010001000
Revealing biases in human decision making which can suggest possible heuristics for financial market inefficiency mining.