The Representativeness Heuristic Can Produce Faulty Estimates If

question 332

Multiple Choice

The representativeness heuristic can produce faulty estimates if:

• A) we generalize our views to other, nonrepresentative heuristics.
• B) the representativeness algorithm does not match the representativeness heuristic.
• C) we take too much time considering all possible variations from the prototype.
• D) we fail to consider the approximate number of prototypes that actually exist.

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Definitions:

National Hockey League

A North American professional ice hockey league that includes teams from both the United States and Canada.

Linear Regression

An analytical technique that models the connection between a dependent variable and one or more independent variables.

Statistical Model

A mathematical representation of observed data that accounts for randomness and uncertainty in the observations.

Equation

A mathematical statement that asserts the equality of two expressions, represented by the symbol "=".