Multiple Choice
Amanda has lost some money she needs for next semester's tuition.While betting on red,the roulette wheel has come up with five blacks in a row.To try to get her money back,Amanda is now doubling up her bet each time on red,believing that red will come up soon.She bases her belief on the roughly) 50/50 odds of red and black occurring over a large number of spins of the wheel.Amanda's strategy appears to be based on .
A) the representativeness heuristic
B) the advice of a successful gambler
C) a magical thinking perspective
Correct Answer:
Verified
Correct Answer:
Verified
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