N=10 tosses, observed k=9 heads. Expected = 5. ( P(K \ge 9) = \binom109(0.5)^10 + \binom1010(0.5)^10 = 0.00977 + 0.00098 = 0.01075 ). ILC = 0.01075 → very lucky.
You can actually calculate your own Index of Luck by Chance for specific life events. Pick a domain where the baseline probability is known.
The Index of Luck by Chance is the direct enemy of the Gambler’s Fallacy.
Rapid stardom, but at the cost of personal integrity and relationships. Integrity vs. Invisibility (The Sona Index): Represented by Sona (Konkona Sen Sharma).
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decides to walk away from their toxic relationship, choosing her own path as a respected character actress rather than waiting for a "lucky break" that depends on others. Luck by Chance (2009)
Events dominated by skill, where luck only dictates the "margin" of victory.