Representativeness Heuristic Is Best Explained As

question 26

Multiple Choice

Representativeness heuristic is best explained as:

• A) the process of assuming events are random even when they are not.
• B) the creation of patterns in planned events.
• C) concluding that casual factors cause random events when in fact they do not.
• D) believing that random events that occur in clusters are truly random.
• E) overconfidence in one's own skills as an investor.

---

Definitions:

Summons

A legal document issued by a court or administrative agency, notifying an individual of their obligation to appear before the court or agency.

Interrogatory

A written question which one party sends to another during a lawsuit, requiring a written answer as part of the discovery process.

Affirmative Defense

An affirmative defense is a legal argument or set of facts presented by a defendant, asserting reasons that the defendant should not be held liable for a legal claim, even if the claim is true.

Judicial Supervision

The oversight by a court over certain legal processes or the activities of individuals, such as parolees or organizations.