CHILD DEVELOPMENT PEDAGOGY

Detailed explanation-1: -Rating a conjunction of two events as more likely than one of the events alone is an example of a conjunction error; the human tendency to do this in general is known as the conjunction fallacy.

Detailed explanation-2: -Tversky and Kahneman (1983)showed that when subjects are asked to rate the likelihood of several alternatives, including single and joint events, they often make a “conjunction fallacy.” That is, they rate the conjunction of two events as being more likely than one of the constituent events.

Detailed explanation-3: -Definition. A conjunctive statement has the form “…and…”, for example “Children like sugar and cats can swim”. As its name indicates, this fallacy concerns the conjunction of statements (or events), and in particular the judgement that a conjunctive statement is more probable than either of its two parts taken alone.

Detailed explanation-4: -The gambler’s fallacy is the belief that the probability for an outcome after a series of outcomes is not the same as the probability for a single outcome. The gambler’s fallacy is real and true in cases where the events in question are independent and identically distributed.

Detailed explanation-5: -The classic example of the gambler’s fallacy occurs when someone flips a coin. If the head lands face up, say, four or five times, most people will believe that the coin will land on the tails side next time, occasionally even arguing that the repeated “heads” coin increases the likelihood of a future “tails” coin.