Examlex
College students judge that death by tornado is more frequent than death from asthma.In fact, asthma is 20 times more likely to kill.Which of the following judgment heuristics explains this result?
Residual
The discrepancy between actual observations and the values forecasted by a theoretical model.
Family Income
The total monetary income received by all members of a household, contributing to the household's total wealth over a specific period, usually measured annually.
Real Estate
Property consisting of land and the buildings on it, along with its natural resources or any buildings or structures present on the land.
Predicted House Size
An estimate of house size based on specific predictors or variables, often calculated within a statistical model.
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