A Mental Shortcut Through Which People Begin with a Rough

question 80

Multiple Choice

A mental shortcut through which people begin with a rough estimation as a starting point and then revise this estimate to take into account unique characteristics of the present situation is

• A) the representativeness heuristic.
• B) the management heuristic.
• C) the availability heuristic.
• D) the anchoring and adjustment heuristic.

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Definitions:

Flat Rate

A pricing model in which a service is provided for a constant fee, irrespective of usage or duration.

Cloud Computing

The delivery of computing services—including servers, storage, databases, networking, software, analytics, and intelligence—over the internet ("the cloud") to offer faster innovation, flexible resources, and economies of scale.

Grid Computing

A computing paradigm that involves the integration of disparate resources across multiple administrative domains for a common goal.

Utility Computing

The provision of computing resources, such as computing power and storage, as a metered service similar to a traditional public utility.