Studies of Human Decision-Making Have Detected Systematic Mistakes That People

question 358

Multiple Choice

Studies of human decision-making have detected systematic mistakes that people make. Which of the following have been detected?

• A)people are overconfident
• B)people give too much weight to a small number of vivid observations
• C)people are reluctant to change their minds
• D)All of the above are correct.

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Definitions:

Sleep Reduction

The practice or phenomenon of decreasing the amount of sleep one gets, which can have various motivations and implications for health and performance.

Optimal Health

A state of complete physical, mental, and social well-being, not just the absence of disease or infirmity.

Security Alarms

Devices or systems designed to detect unauthorized entry or activities in buildings, homes, or other areas.

House Break-Ins

Criminal acts where an individual unlawfully enters a residence with the intent of committing an offense, typically theft.