Failing to Consider All Relevant Data, and Just Using the Information

question 52

Multiple Choice

Failing to consider all relevant data, and just using the information most readily available or easily recalled is known as ________.

• A) the groupthink bias
• B) the anchoring bias
• C) the availability bias
• D) the confirmatory bias

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Definitions:

Government Subsidized

Financial support provided by the government to organizations, industries, or individuals, often to encourage growth or support essential services.

Taxpayers

Individuals or entities that are obligated to make payments to governmental authorities, typically in the form of taxes.

Flooding

An overflow of water onto land that is normally dry, often caused by heavy rain, melting snow, or breach in water containment structures, leading to potential damage to property and risks to health.