The Ease of Retrieval Effect Refers to the Fact That

question 99

Multiple Choice

The ease of retrieval effect refers to the fact that:

• A) people are more likely to judge personal rather than situational factors as having an influence in others' behavior.
• B) it's easier to retrieve long-term memories than to form new ones.
• C) people judge how frequently an event occurs on the basis of how easily they can retrieve examples of that event.
• D) people with better memories find it easier to retrieve events from long-term memory than those who have worse memories.

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Definitions:

Base-Case

A scenario used as a benchmark in analysis, representing the default or most likely set of assumptions.

Sensitivity Analysis

A technique used to determine how different values of an independent variable will affect a particular dependent variable under a given set of assumptions.

Forecasting Risk

The potential for actual outcomes to differ significantly from predicted outcomes in business or financial forecasting models.

Scenario Analysis

An approach to understanding future prospects by exploring various potential outcomes.