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Suppose That You Are Trying to Guess How Much Money

question 15

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Suppose that you are trying to guess how much money a co-worker of yours makes. You have no idea how much she makes off-hand. To try to guess, you start with your own salary and then add on a few dollars since she has been at your workplace longer than you have. That is, you make use of the ________________ heuristic.

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Definitions:

Vertical Axis

The y-axis in a graph or chart, typically used to represent the range of dependent variable values.

Variability

The extent to which data points in a statistical distribution or data set diverge from the average or mean value.

Y-axis

The vertical axis in a two-dimensional graph, typically used to represent the range of values of a dependent variable.

Graphical Deception

The misuse or manipulation of charts and graphs to mislead or distort the viewer's understanding of the data.

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