If You Knew That Only One Per Cent of Inventors

question 42

Multiple Choice

If you knew that only one per cent of inventors actually have a handsome income you would have an example of:

• A) representativeness.
• B) the illusory correlation.
• C) regression to the mean.
• D) base-rate information.

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Definitions:

Frame Issues

The process of presenting or structuring problems, topics, or situations in certain ways to influence perception or decision-making.

Paper Mill

A manufacturing facility where various types of paper are produced through processing wood pulp and other raw materials.

Decriminalization

The process of reducing or eliminating legal penalties for certain acts, typically applied to behaviors once considered criminal offenses.

Abortion

Abortion is the medical process of ending a pregnancy so it does not result in the birth of a baby, encompassing both spontaneous and induced forms.