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What is the scale of measurement involved in the statement, "My daughter is four years old."?
Costly Litigation
Legal actions that incur high expenses, often involving complex disputes or extensive legal processes.
Expected Results
The anticipated outcomes or effects that are predicted based on specific actions, processes, or strategies.
Availability Heuristic
A cognitive bias in which people overestimate the importance or probability of something based on how readily it comes to mind.
Representativeness Heuristic
A cognitive bias in decision making, where the likelihood of an event is assessed based on how similar it is to a typical case.
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