The ________ fallacy is an example of judgment bias.

Question

Quizplus · Accepted Answer

The gambler's fallacy is a judgment bias that occurs when individuals believe that a certain event is more likely to occur because it has not happened in a while or because it has happened frequently in the past. This is commonly observed in gambling situations where players believe that the outcome of a game will be influenced by past occurrences, even though the result is determined by chance. Hence, option D is the correct answer.

The ________ Fallacy Is an Example of Judgment Bias