Asked by Reality Vlogs on Jul 20, 2024
Verified
Lynette has been playing roulette for an hour.The past eight spins have come up black.If Lynette is a victim of the gambler's fallacy,then she will tend to bet on black next time.
Gambler's Fallacy
The incorrect belief that future probabilities are altered by past events, often found in contexts of betting and decision-making.
- Comprehend the methodology of heuristic reasoning and its consequences.
Verified Answer
CL
Ciara LopezJul 24, 2024
Final Answer :
False
Explanation :
Victims of the gambler's fallacy believe that future probabilities are altered by past events, so Lynette would be more likely to bet on red, thinking it's "due" to come up after a streak of blacks.
Learning Objectives
- Comprehend the methodology of heuristic reasoning and its consequences.
Related questions
You Have Anxiously Been Awaiting Your Favorite Superhero Movie to ...
Participants in a Decision-Making Study in Which They Had to ...
The Availability Heuristic Functions on Which Principle ...
According to Cosmides' Social Contract Theory,college Students Should Best Be ...
Anita Is Blonde,extremely Attractive,and Lives in an Expensive Condo ...