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re the following instances of acceptable reasoning or not? If not, identify the statistical fallacy. 9. That's the chance of rolling a seven with two

re the following instances of acceptable reasoning or not? If not, identify the statistical fallacy.

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9. \"That's the chance of rolling a seven with two dice? Well there are 6x6 ways the dice could land and 6 of them total seven (1-6, 2-5, 3-4, 4-3, 5-2, 6-1), so that reduces to a U6 chance. This guy has rolled seven twice in a rovv. There's a 1f6x6x6 = 1f216 chance of rolling seven three times in a row, so there's a 215916 probability that this throw will not be seven. 10. The probability of another a global pandemic next decade wreaking havoc on the world economy and causing a one- day 20% loss in value of the entire US stock market is higher than the probability of a one-day 20% loss in value of the entire US stock market next decade. You can tell because the probability of a big loss given a pandemic is higher than the non-conditional probability of a big loss

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