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Malcolm Has Been Watching a Roulette-Type Game at a Local

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Malcolm has been watching a roulette-type game at a local charity bazaar. The game has only ten numbers on the wheel, and every number except 8 has come up as a winner during the last 15 minutes. Malcolm decides to bet $10 on number 8, because it has to come up eventually. What has influenced Malcolm's choice in this case?


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The ratio of the useful output of a system to the input, expressed in percentage form, indicating the effectiveness with which it converts energy or material into desirable outputs.

Property Damage Liability

A component of auto insurance that covers damage you, as the driver, might cause to another person's property.

Underinsured Driver

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