If 25 Consecutive Tosses of a Fair Coin Have All

question 77

Multiple Choice

If 25 consecutive tosses of a fair coin have all been heads,some individuals tend to think that the next one "must be heads." This is an example of the ________ fallacy.

• A) hot-hand
• B) continuum
• C) broken-window
• D) definist
• E) gambler's

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Definitions:

Labor Productivity

The measure of the amount of goods and services produced by one hour of labor.

Worker Hour

A measure of labor that represents one hour of work performed by an employee or a group of employees.

Gross Savings Rate

The percentage of gross national income saved by a country's residents.

Posterior Chamber

The fluid-filled space in the eye between the iris and the lens, part of the eye's aqueous humor pathway.