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When confronted with "HHHHTTTTTT" as a summary of the results of a series of 10 flips of a coin, most people will view that series as "less random" than a summary of results that looks like "HHTHTTHTHT," even though the odds of a "head" on the next toss is 50/50 in each case. Why? Their estimates have most likely been biased by counterfactual thinking. the representativeness heuristic. the availability heuristic. way too much pizza pie.

When confronted with "HHHHTTTTTT" as a summary of the results of a series of 10 flips of a coin, most people will view that series as "less random" than a summary of results that looks like "HHTHTTHTHT," even though the odds of a "head" on the next toss is 50/50 in each case. Why? Their estimates have most likely been biased by counterfactual thinking. the representativeness heuristic. the availability heuristic. way too much pizza pie.

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
Problem 1TY
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(Multiple choice) Why? Their estimates have most likely been biased by…
When confronted with "HHHHTTTTTT" as a summary of the results of a series of 10 flips of a coin, most people will view that series as "less random" than a summary of results that looks like "HHTHTTHTHT," even though the odds of a "head" on the next toss is 50/50 in each case. Why? Their estimates have most likely been biased by counterfactual thinking. the representativeness heuristic. the availability heuristic. way too much pizza pie.
Transcribed Image Text:When confronted with "HHHHTTTTTT" as a summary of the results of a series of 10 flips of a coin, most people will view that series as "less random" than a summary of results that looks like "HHTHTTHTHT," even though the odds of a "head" on the next toss is 50/50 in each case. Why? Their estimates have most likely been biased by counterfactual thinking. the representativeness heuristic. the availability heuristic. way too much pizza pie.
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