Question

What is a gambler's fallacy
A conclusion that does not follow logical from its premise
An argument that limits options to two opposite choices
An argument that because things are alike in one way they are like in others
An argument that bases decisions on the false belief that random occurrences are somehow predictive a future outcomes

Answer 1

A gambler's fallacy is best described as **an argument that bases decisions on the false belief that random occurrences are somehow predictive of future outcomes**. This fallacy occurs when someone believes that past random events, such as the outcomes of coin flips or the results of casino games, can influence future events, even though each event is independent of the previous ones. For example, if a coin has landed on heads several times in a row, a person might incorrectly conclude that tails is "due" to occur next, which reflects the gambler's fallacy.