Amanda has lost some money she needs for next semester's tuition. While betting on red, the roulette wheel has come up with five blacks in a row

To try to get her money back, Amanda is now doubling up her bet each time on red, believing that red will come up soon. She bases her belief on the (roughly) 50/50 odds of red and black occurring over a large number of spins of the wheel. Amanda's strategy appears to be based on ________.
A) the representativeness heuristic
B) the advice of a successful gambler
C) a magical thinking perspective
D) the availability heuristic
E) the anchoring and adjustment heuristic


Answer: A

Psychology

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