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The Tendency to Underestimate the Influence of External Factors and Overestimate

question 94

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The tendency to underestimate the influence of external factors and overestimate the influence of internal factors when making judgments about the behavior of others is known as the randomness error.


Definitions:

Amount Win

The total sum of money or prize one receives from a competition, lottery, or gamble.

Probability Distribution

A mathematical function that describes the likelihood of various outcomes in an experiment.

Standard Deviation

A measure indicating the extent of deviation or spread of quantities in a collection.

Number Of Storms

The total count of meteorological disturbances characterized by strong winds, heavy rain, thunder, lightning, or snow.

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