Multiple Choice
A coin has been tossed six times, and has landed on "heads" five out of the six times. Haley comments that the coin must not be a fair coin, but Zhanna says that this conclusion is unwarranted. Haley has fallen victim to the
A) small-sample fallacy.
B) base rate fallacy.
C) anchoring and adjustment heuristic.
D) false algorithm.
Correct Answer:
Verified
Correct Answer:
Verified
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