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Critical Thinking questions (Multiple Choice) As a customer of JonezMusic, you can place as many orders as you like with their online music store. However, the reverse is not true; a particular order cannot be placed jointly by two customers. This is an example of ____.
Law of Small Numbers
A cognitive bias that leads individuals to draw broad conclusions from small data sets or a limited number of observations.
Representativeness Heuristic
A cognitive shortcut that involves judging the likelihood of an event by comparing it to an existing prototype that comes to mind, often leading to errors in decision making.
Availability Bias
A cognitive bias where individuals overestimate the importance of information readily available to them.
Hard-Charging Manager
A highly motivated and aggressive manager who pushes themselves and their team towards achieving goals.
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