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A poker player has a run of good fortune, and the player wins $1,000. The player believes their card counting and probability skills led to the successful outcome. Unfortunately, the player subsequently begins to lose and is now suddenly down $1,500. The player attributes their losing streak to lousy luck and improbable results. This is an example of O self-serving bias O the framing effect O the planning fallacy O confirmation bias

A poker player has a run of good fortune, and the player wins $1,000. The player believes their card counting and probability skills led to the successful outcome. Unfortunately, the player subsequently begins to lose and is now suddenly down $1,500. The player attributes their losing streak to lousy luck and improbable results. This is an example of O self-serving bias O the framing effect O the planning fallacy O confirmation bias

Ciccarelli: Psychology_5 (5th Edition)
Ciccarelli: Psychology_5 (5th Edition)
5th Edition
ISBN:9780134477961
Author:Saundra K. Ciccarelli, J. Noland White
Publisher:Saundra K. Ciccarelli, J. Noland White
Chapter1: The Science Of Psychology
Section: Chapter Questions
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A poker player has a run of good fortune, and the player wins $1,000. The player believes their card counting and probability skills led to the successful outcome. Unfortunately, the player subsequently begins to lose and is now suddenly down $1,500. The player attributes their losing streak to lousy luck and improbable results. This is an example of self-serving bias the framing effect O the planning fallacy O confirmation bias
Transcribed Image Text:A poker player has a run of good fortune, and the player wins $1,000. The player believes their card counting and probability skills led to the successful outcome. Unfortunately, the player subsequently begins to lose and is now suddenly down $1,500. The player attributes their losing streak to lousy luck and improbable results. This is an example of self-serving bias the framing effect O the planning fallacy O confirmation bias
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