In Which of the Following Situations Would the Gambler's Fallacy

question 12

Multiple Choice

In which of the following situations would the gambler's fallacy not apply?

• A)When the events are not independent.
• B)When knowledge of one outcome affects the probability of the next one.
• C)Both a) and b).
• D)Neither a) nor b); the gambler's fallacy holds whenever gambling is going on.That's how casinos stay in business.

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Definitions:

Operating System

System software that manages computer hardware, software resources, and provides common services for computer programs, enabling the user interface with the computer hardware.

Private Clouds

IT infrastructures that are accessible only by a single entity or by an exclusive group of related entities that share the same purpose and requirements, such as all the business units within a single organization.

IT Activities

Tasks and operations related to the management, processing, and use of information technology in supporting business operations.

Public Cloud

A computing service model where resources, such as servers and storage, are owned and operated by a third-party provider and delivered over the internet, making them available to the general public.