What is a gambler’s fallacy?(1 point) Responses an argument that bases decisions on the false belief that random occurrences are somehow predictive of future outcomes an argument that bases decisions on the false belief that random occurrences are somehow predictive of future outcomes an argument that because things are alike in one way, they are alike in others. an argument that because things are alike in one way, they are alike in others. an argument that limits options to two opposite choices an argument that limits options to two opposite choices a conclusion that does not follow logically from its premise
1 answer
The correct response is: an argument that bases decisions on the false belief that random occurrences are somehow predictive of future outcomes.
The gambler's fallacy refers to the misconception that past random events can influence the probabilities of future random events in games of chance, such as believing that a coin toss is "due" to land on heads after several tails have occurred.
1 answer
1 answer
1 answer
1 answer