If you've ever watched basketball, you've probably heard the phrase "hot hand." It refers to the concept of an "athlete having streaks of success higher than their average performance," but more specific to basketball, it says that if a person made (or missed) their last shot, they are more likely to make (or miss) the next one. The debate around whether or not the hot hand is a real "effect," or just a "fallacy" has been going on for over 40 years.