The Fact That People Tend to Overestimate the Improbable Has

question 261

Short Answer

The fact that people tend to overestimate the improbable has been attributed to the operation of the ____________________.

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Definitions:

Data

Factual information used as a basis for reasoning, discussion, or calculation.

Information

Data that has been processed, organized, or structured in a way that is meaningful and useful to the receiver.

Informal Conversation

Casual exchange of thoughts and information between individuals, without adherence to strict rules of dialogue.

Systematic Process

A methodical procedure followed in a fixed sequence of steps to achieve a specific result or outcome.