The Judgment Errors of the Gambler's Fallacy and the Illusion

question 37

Multiple Choice

The judgment errors of the gambler's fallacy and the illusion of the "hot hand" have in common that both:

• A) are errors in estimating randomness related to representativeness.
• B) are errors based on hindsight bias related to availability.
• C) seem plausible given what is known from probability theory.
• D) depend on overconfidence and mistakes in metacognition.

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Definitions:

Parental Strands

Refers to the original strands of DNA or RNA from which new strands are synthesized during replication.

Conservative Replication

A hypothetical model of DNA replication where the original DNA molecule is fully preserved and a completely new copy is produced.

Mismatch Repair Enzymes

A system within cells that repairs mispaired nucleotides which may arise during DNA replication and recombination, as well as repairing some forms of DNA damage.

DNA Polymerase

A catalyst that constructs DNA strands using deoxyribonucleotides as the foundational components of DNA.