Judgments That Are Systematically Different from What a Person Should

question 30

Multiple Choice

Judgments that are systematically different from what a person should conclude based on logic or probability are known as _______,whereas mental shortcuts that make decision-making easier and faster but often lead to less accurate decisions are known as ________.

• A)heuristics; biases
• B)cognitive vulnerabilities; biases
• C)biases; heuristics
• D)biases; cognitive vulnerabilities

Distinguish between point estimates and confidence intervals and understand their applications.

Understand the concept of confidence intervals, including how to calculate and interpret them.

Learn the significance and calculation of the margin of error in confidence intervals.

Understand the conditions under which the finite population correction factor should be used.

---

Definitions:

Heart Rate

The number of heartbeats per unit of time, typically expressed as beats per minute (BPM), indicating cardiovascular health and fitness levels.

Meditation

A practice of focused attention, mindfulness, or contemplation with the goal of achieving mental clarity, emotional calmness, and psychological balance.

Relaxation

A state of reduced tension and stress, achieved through various techniques like deep breathing, meditation, or exercise.

Dangerous

Involving potential risk or harm to safety, health, or well-being.