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ArsTechnica: The three point "hot hand" doesn't exist

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ArsTechnica (a tech blog) looks into a recently released statistical analysis regarding NBA players, and having a player shoot a lot of three's because they have "the hot hand". ---- The authors' test of a hot hand was very simple: for every three-point shot attempted, the authors tracked the results, and the results of the next consecutive shot. When analyzed this way, hands appeared to get cold. If a player took another three-pointer after making one, their success rate was 6 percent lower than if they took it after having missed one. In other words, you were more likely to make a three pointer if you'd missed on the previous one. In contrast, there was little difference in the success rates of ensuing two-point shots.