Examlex
Refer the trapezoid KLMN below, with . Find x and y .
Framing Effect
The influence on decision making caused by the way information is presented, rather than by the information itself.
Confirmation Bias
The inclination to seek out, understand, prioritize, and remember data in a manner that supports one's already established views or theories.
Overconfidence Effect
A cognitive bias where an individual's subjective confidence in their judgments is reliably higher than their objective accuracy, often leading to misjudgments and errors in decision-making.
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