The gambler's fallacy is an example of the law of small numbers.

Name: The gambler's fallacy is an example of the law of small numbers.
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The gambler's fallacy is indeed an example of the law of small numbers, as it involves the incorrect belief that small samples of random events should reflect the overall distribution, leading individuals to expect outcomes to "even out" in the short term.

The Gambler's Fallacy Is an Example of the Law of Small