The Gambler's fallacy is linked to which judgment error?
A)availability
B)adjustment
C)anchoring
D)representativeness
E)overconfidence

Question

Quizplus · Accepted Answer

The Gambler's fallacy is the belief that the outcome of a random event is dependent on previous outcomes, even though the events are independent. This is an example of the representativeness heuristic, where people rely on stereotypes or prototypes to make judgments about a situation.

The Gambler's Fallacy Is Linked to Which Judgment Error