Your instructor is normally conscientious and makes sure that exam answers are randomly distributed. However, you notice

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Your instructor is normally conscientious and makes sure that exam answers are randomly distributed. However, you notice that the first five answers on the multiple-choice section are all C. Unsure what this pattern means, you consider the next question. You do not know the answer and are forced to guess.

You decide to avoid C because you figure that C cannot happen six times in a row.

QUESTION: Which is at work: the gambler’s fallacy or the hot hand fallacy?

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Principles Of Microeconomics

ISBN: 9780393679199

3rd Edition

Authors: Dirk Mateer, Lee Coppock

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