Which of the following beliefs are examples of the gambler's fallacy?
A)Random events are self-correcting.(For example if you are losing, believing that your luck is about to turn around.)
B)The long-run frequency of an event should apply in the short term as well.(For example, "He's a 90% free throw shooter, and he's already missed 2 out of 3 tonight.There's no way he's going to miss this next one.")
C)Knowledge of one event will help predict the next event, even though the events are independent.(For example, you may hear someone at the craps table saying to the person rolling the dice, "You're on a roll! Don't stop now!")
D)All of the above.

Question

Quizplus · Accepted Answer

All the examples provided illustrate the gambler's fallacy, which is the mistaken belief that past random events affect the likelihood of future random events.

Which of the Following Beliefs Are Examples of the Gambler's