As much as it feels as though the odds are stronger with each new toss of heads that the next toss will be tails, this is an illusion, known as the
A) consistency bias
B) confirmation bias
C) gambler's fallacy
D) evidence fallacy

Question

Quizplus · Accepted Answer

The statement describes the gambler's fallacy, which is the belief that if an event (such as tossing a coin) has occurred frequently in the past, then the opposite event is more likely to occur in the future. However, the probability of each toss of a fair coin is always 50/50, and the previous outcomes do not affect the outcome of the next toss. The other choices (A, B, and D) are not relevant to the situation described.

As Much as It Feels as Though the Odds Are