Anders Is Betting Mischa on Whether a Tossed Coin Will

question 47

Multiple Choice

Anders is betting Mischa on whether a tossed coin will land on heads or tails.Anders has bet heads the last four times and has lost each time.If on the next toss he bets heads again and says,"It's got to be heads,heads is overdue," what does his reasoning illustrate

• A) the conjunction fallacy
• B) the gambler's fallacy 
• C) the base rate fallacy
• D) the overestimation fallacy

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