Anders is betting Mischa on whether a tossed coin will land on heads or tails.Anders has bet heads the last four times and has lost each time.If on the next toss he bets heads again and says,"It's got to be heads,heads is overdue," what does his reasoning illustrate

Question

Quizplus · Accepted Answer

The reasoning of Anders illustrates the gambler's fallacy, which is the belief that the chances of a random event are affected by previous outcomes. Anders believes that heads is "overdue" because he has lost the previous four bets, but each coin toss is an independent event with a 50/50 chance of landing on either heads or tails. Past outcomes do not affect future outcomes.

Anders Is Betting Mischa on Whether a Tossed Coin Will