Examlex
What is the result of 1.58 ÷ 3.793 written with the correct number of significant figures?
Representativeness Bias
A cognitive bias where individuals make judgments about the probability of an event based on how much it resembles their existing stereotypes.
Escalating Commitment
The phenomenon where people increase their investment or involvement in a decision or action despite facing negative feedback or outcomes.
Confirmation Error
A cognitive bias that involves focusing on information or evidence that confirms pre-existing beliefs or hypotheses, while ignoring contradictory data.
Strategic Opportunism
The practice of seizing strategic opportunities in a timely and efficient manner, often with flexibility and readiness to adapt.
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