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Savana Nazar
on Dec 27, 2024

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Christine has been following the state lottery for over a year, and she has a record of the number of times every number has been selected. She is ready to invest R1000 in lottery tickets with the same six-number combination on each ticket. She is going to choose the six numbers that have occurred the least frequently in the last year because she is sure they will be picked eventually. In this case, Christine is showing evidence of

A) the availability heuristic.
B) the base rate fallacy.
C) the gambler's fallacy.
D) the conjunction fallacy.

Gambler's Fallacy

The incorrect belief that future probabilities are altered by past events in a random process.

State Lottery

A government-regulated form of gambling which involves the drawing of numbers for a prize.

Availability Heuristic

A mental shortcut that relies on immediate examples that come to a given person's mind when evaluating a specific topic, concept, method, or decision.

  • Acquire knowledge on how cognitive biases and heuristics influence decision-making.
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MC
Mary Christine JulianesDec 31, 2024
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