According to the Availability Heuristic, the Tendency to Judge the Probability

question 221

Multiple Choice

According to the availability heuristic, the tendency to judge the probability of an event depends on:

• A) the burden of doubt people feel about their abilities to determine probability from available information.
• B) whether or not the event is more available mentally than other types of events.
• C) statistical consideration of the frequency with which the event occurs in everyday life.
• D) the need to be right, which makes it hard to listen to the available information with an open mind.

---

Definitions:

Implied Acceptance

An agreement to the terms of a contract demonstrated through actions or behaviors, rather than explicitly communicated through words.

Telegram Acceptance

The acceptance of a contractual offer or agreement through a telegram, historically significant for its immediacy and legal recognition.

Binding Contract

A binding contract is a legally enforceable agreement between two or more parties that is recognized by law, where each party has made promises or agreements that must be fulfilled.

Dispatched

refers to the act of sending off something or someone to a destination or for a purpose.