Malcolm has been watching a roulette-type game at a local charity bazaar.The game has only ten numbers on the wheel,and every number except 8 has come up as a winner during the last 15 minutes.Malcolm decides to bet $10 on number 8,because it has to come up eventually.In this case,Malcolm is showing evidence of
A) the availability heuristic.
B) the gambler's fallacy.
C) the base rate fallacy.
D) the conjunction fallacy.

Question

Quizplus · Accepted Answer

Malcolm is demonstrating the gambler's fallacy, which is the belief that previous outcomes affect future outcomes in a random event. In reality, each spin of the wheel is independent and has the same probability of landing on any number, including 8.

Malcolm Has Been Watching a Roulette-Type Game at a Local