If 25 consecutive tosses of a fair coin have all been heads,some individuals tend to think that the next one "must be tails." This is an example of the ________ fallacy.
A) hot-hand
B) continuum
C) broken-window
D) definist
E) gambler's

Question

Quizplus · Accepted Answer

This is an example of the gambler's fallacy, which is the belief that the probability of a random event is influenced by previous events, even when they are statistically independent. In this case, the previous 25 tosses of a fair coin have no influence on the outcome of the next toss, which still has a 50/50 chance of being either heads or tails.

If 25 Consecutive Tosses of a Fair Coin Have All