GROWTH DEVELOPMENT CHILD
COGNITION AND EMOTIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Availability Heuristics
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Overconfidence
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Mental set
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Representative Statistics
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Detailed explanation-1: -The availability heuristic, also known as availability bias, is a mental shortcut that relies on immediate examples that come to a given person’s mind when evaluating a specific topic, concept, method, or decision.
Detailed explanation-2: -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.
Detailed explanation-3: -The availability heuristic involves making decisions based upon how easy it is to bring something to mind.
Detailed explanation-4: -The representativeness heuristic involves estimating the likelihood of an event by comparing it to an existing prototype that already exists in our minds.
Detailed explanation-5: -The availability heuristic involves estimating the probability of an event outcome on information readily available to the individual.