Which of the following is an example of the gambler's fallacy?
A) If you flip a coin six times and it comes up heads each time, when you flip for the seventh time the odds are better that it will come up tails.
B) People think that housing prices will continue to rise because they have continually risen over the past 10 years.
C) If I send my resume to enough employers, the law of averages says that someone will eventually hire me.
D) all of the above

Question

Quizplus · Accepted Answer

All of the choices are examples of the gambler's fallacy, which is the belief that a random event is more likely to occur after a series of similar events.

Which of the Following Is an Example of the Gambler's