COGNITION
THINKING AND LANGUAGE
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
The availability heuristic is based on memorable events rather than data.
|
|
|
The availability heuristic is based on the data rather than memorable events.
|
|
|
The availability heuristic DOES guarantee a correct conclusion.
|
|
|
None of these answers
|
Detailed explanation-1: -Why does the availability heuristic not guarantee that a correct decision will be made? It does not process information about rare events. It ignores probabilistic information that could lead to accuracy.
Detailed explanation-2: -The availability heuristic can lead to bad decision-making because memories that are easily recalled are frequently insufficient for figuring out how likely things are to happen again in the future. Ultimately, this leaves the decision-maker with low-quality information to form the basis of their decision.
Detailed explanation-3: -Because the event is so unusual, it takes on greater significance, which leads you to incorrectly assume that the event is much more common than it really is.
Detailed explanation-4: -The availability heuristic refers to the tendency to assess the probability of an event based on the ease with which instances of that event come to mind.