Examlex
The formal right of ownership of property is:
Base-Rate Information
Statistical information about the frequency of events or characteristics within a given population, used in decision-making processes.
Illusory Correlation
The false perception of a relationship between two variables or events, often due to a cognitive bias or mistaken assumption.
Handsome Income
A significantly large amount of money earned, often implying higher than average.
Heuristic Bias
Cognitive shortcuts used by individuals that can lead to systematic errors or biases in judgment and decision-making.
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