Which scenario illustrates the gambler's fallacy: assuming that what typically happens in the long run will not happen in the short run?
a. Every time Jonas plays poker, he wins. He knows how lucky he is, so he buys a lottery ticket every week.
b. The probability of winning the lottery is one in a million, so to improve his chances, Jonas buys 100 lottery tickets.
c. Jonas has been buying lottery tickets for years now and has never won, so he is bound to win some time soon.
d. Jonas won $5,000 the first time he bought a lottery ticket, so he has been buying lottery tickets for years now.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which scenario illustrates the gambler's fallacy: assuming that what typically happens in the long run will not happen in the short run? a. ...” in 📗 English if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Which story element does this sentence demonstrate? The year was 1998. A character B setting C plot
Answers (2)
Which type of outline are most likely to be used first when preparing to write a paper? a sentence outline a topic outline a paragraph outline a final outline
Answers (1)
How does a journalist maintain reader interest in a news story? by making the story humorous and engaging by placing advertisements with the news by making the story sensational with heightened drama by providing a human angle to the story by adding
Answers (1)
Define the following word budget?
Answers (1)
Select all of the concrete nouns. table ocean peace happiness balloon cookie honor dignity
Answers (1)
New Questions in English
1. Hungunin explains that women were needed in the armed forces to A Work as nurses B. Train officers C Perform office work D. Fix the planes
Answers (1)
Which sentence has an intransitive verb? A - Many soldiers volunteered freely. B - The general questioned the soldier. C - The government sometimes drafted men into the army. D - The army had many soldiers.
Answers (1)
Why were Jim Crow laws passed?
Answers (1)
Which statement is true regarding ear medications or eye medications? A. You can use ear drops in eyes. B. Eye and ear drops are interchangeable. C. Ear medications must be sterile. D. Eye medications must be sterile.
Answers (1)
To show a change of season, setting, character, or action a writer often uses a paragraph.
Answers (1)