Asked by Ariana Wright on Apr 28, 2024

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What assumption humans often seem to make is the basis for the Gambler's Fallacy?

Gambler's Fallacy

The erroneous belief that if something occurs more frequently than normal during a given period, it will happen less frequently in the future, or vice versa.

  • Recognize the presuppositions that support typical erroneous beliefs, including the False Dilemma and Gambler's Fallacy.
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RK
Richard KnightMay 01, 2024
Final Answer :
The name "Gambler's Fallacy" as an umbrella term that reminds us that random events are, in fact, random. It is a mistake to assume that random events are patterned, correlated, or causally connected.