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Malcolm has been watching a roulette-style game at a local charity bazaar. The game has only ten numbers on the wheel, and every number except 8 has come up as a winner during the last 15 minutes. Malcolm decides to bet $10 on number 8, because it eventually has to come up. In this case, Malcolm is showing evidence of ________.a. the availability heuristic.
b. the gambler's fallacy.
c. the base rate fallacy.
d. the conjunction fallacy.

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Answer:

b. the gambler's fallacy

Explanation:

Monte Carlo fallacy also known as the gamblers fallacy is a player's misconception that one event will have an impact on the outcome of a future event when both events actually are separate. Individuals make a mistake when they assume that one thing needs to happen again and again to necessitate that something else happens again.

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