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What is the probability that you wouldn't draw an Ace from the first draw? A.) 0.9807692308 B.) 0.01923076923 C.) 0.9230769231 D.) 0.07692307692 Imagine Sal is
What is the probability that you wouldn't draw an Ace from the first draw?
A.)
0.9807692308 B.)
0.01923076923 C.)
0.9230769231 D.)
0.07692307692
Imagine Sal is visiting Florida. He's playing a game with his friend where they look for rare license plates. Out of the five non-Florida plates Sal has seen so far, one is from Ontario. Sal says to his friend, "Wow, there's a lot of people here from Canada."
What fallacy is demonstrated here?
A.)
Conjunction fallacy B.)
Regression to the mean C.)
Small number fallacy D.)
Gambler's fallacy
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