Assuming that a series of coin tosses is random because the ratio of heads and tails look randomly distributed is an example of ________.
A) availability heuristic
B) representativeness heuristic
C) base-rate rule
D) cognitive illusion effect

Question

Quizplus · Accepted Answer

This is an example of the representativeness heuristic, where individuals rely on stereotypes or prototypical characteristics to make judgments about a situation or probability. While the ratio of heads and tails may appear random, the actual probability of each outcome is always 50/50, and relying solely on appearance can lead to erroneous judgments.

Assuming That a Series of Coin Tosses Is Random Because