Basing the Estimated Probability of an Event on How Similar

question 82

Multiple Choice

Basing the estimated probability of an event on how similar it is to the prototype of that event is termed the _____ heuristic.

• A)conjunction
• B)availability
• C)representativeness
• D)gambler's

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Definitions:

Central Tendency

A statistical measure that identifies a single value as representative of an entire distribution of data, often through the mean, median, or mode.

Ordinal Scale

A measurement scale that categorizes variables or responses in a specific order without defining the exact difference between them.

Median

The middle value in a data set, arranged in ascending or descending order.

Central Tendency

A statistical measure that identifies a single value as representative of an entire distribution of data, typically the mean, median, or mode.