The representative heuristic can lead to both:

Correct answer: C. the conjunction fallacy and the gambler's fallacy

  • A. the arrangement problem and the framing effect
  • B. the framing effect and the gambler's fallacy
  • C. the conjunction fallacy and the gambler's fallacy
  • D. the conjunction fallacy and the overconfidence effect

Explanation

The representativeness heuristic makes people judge likelihood by resemblance rather than probability, producing the conjunction fallacy and errors such as the gambler’s fallacy. Both involve mistaking a seemingly representative pattern for a statistically sound conclusion.

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