Examlex
Which of the following statements is true?
Heuristic
A simple thinking strategy that often allows us to make judgments and solve problems efficiently; usually speedier but also more error-prone than algorithms.
Heuristics
Mental shortcuts or rules of thumb that simplify decision making, often used in problem-solving and judgment situations.
Algorithms
Step-by-step procedures or formulas for solving problems or completing tasks, often used in mathematics and computer science.
Overconfidence Phenomenon
The tendency for an individual to overestimate their abilities, performance, level of control, or chance of success.
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