Memory formation becomes more effective with longer inter-stimulus intervals between training sessions because of decreasing temporal overlap between successive, short-lived learning traces.
Our brain forgets quickly newly learned information. Spaced repetitions are the most effective approach to internalize.
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The speed of forgetting depends on a number of factors such as the difficulty of the learned material (e.g. how meaningful it is), its representation and physiological factors such as stress and sleep. Furthermore higher original learning also reduces forgetting. The rate differs little between individuals.