Before revision:   While multiple testing procedures reveal that one shooter can be inferred to exhibit shooting significantly inconsistent with randomness, supporting the existence of positive dependence in basketball shooting, we find that participants in a survey of basketball players over-estimate an average player's streakiness, corroborating the empirical support for the hot hand fallacy.
After revision:  We establish that the tests are insufficiently powered to distinguish randomness from alternatives consistent with the variation in NBA shooting percentages. While multiple testing procedures reveal that one shooter can be inferred to exhibit shooting significantly inconsistent with randomness, supporting the existence of positive dependence in basketball shooting, we find that participants in a survey of basketball players over-estimate an average player's streakiness, corroborating the empirical support for the hot hand fallacy.