Suppose you flip a coin and it comes up heads five times in a row.What do you think the next outcome will be? Most people feel that the probability is high that the coin will come up tails.This refers to ________.
A) a fundamental attribution error
B) the gambler's fallacy
C) Murphy's law
D) the base rate fallacy

Question

Quizplus · Accepted Answer

The statement refers to the gambler's fallacy, which is the belief that the probability of a random event is influenced by previous outcomes, even though each event is independent and the probability remains the same. In this case, the previous five heads do not affect the probability of the next outcome being heads or tails, which is still 50/50.

Suppose You Flip a Coin and It Comes Up Heads