GROWTH DEVELOPMENT CHILD
COGNITION AND EMOTIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The availability heuristic is based on memorable events rather than data.
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The availability heuristic is based on the data rather than memorable events.
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The availability heuristic DOES guarantee a correct conclusion.
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None of these answers
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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: -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-4: -The availability heuristic occurs because some events are easier to recall than others. The easier something is to recall, the more likely it is to influence your opinions and decisions, because availability is mistaken for frequency.