The 'Representativeness Heuristic' Is a Term to Describe Irrational Behaviour

question 4

Multiple Choice

The 'representativeness heuristic' is a term to describe irrational behaviour that suggests that:

• A)in forming their beliefs,individuals may be too slow in identifying a firm as an excellent or a terrible investment.
• B)in forming their beliefs,individuals may be more enthusiastic about companies with better slogans.
• C)in forming their beliefs,individuals may be less enthusiastic about companies with better slogans as it implies that the company is trying to detract investors from focusing on its financial performance.
• D)None of the given options is correct.

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Definitions:

Sensory Information

Data received by sensory systems, such as vision, hearing, smell, taste, and touch, that is processed by the brain to perceive the environment.

Thalamus

A structure in the brain that acts as a relay station, processing and transmitting sensory and motor signals to various parts of the brain.

Limbic System

A complex system of nerves and networks in the brain, involved in emotional responses, motivation, and memory.

Medulla

Often referred to as the medulla oblongata, it is a part of the brainstem responsible for regulating vital body functions such as breathing, heart rate, and blood pressure.