Playing the Lottery and Overestimating Your Chances of Winning Is

question 147

Multiple Choice

Playing the lottery and overestimating your chances of winning is probably due to ________.

• A) a representativeness heuristic
• B) ignoring the availability heuristic
• C) ignoring the base-rate rule
• D) a confirmation bias

---

Definitions:

Organizational Performance

The measurement of how effective and efficient an organization is in achieving its goals and objectives.

Charismatic Leadership

A leadership style characterized by an individual's ability to inspire, motivate, and foster enthusiasm among followers through personal charm and persuasive communication.

Follower Satisfaction

Refers to the degree to which followers or subordinates feel fulfilled and content with their leadership and organizational environment.

Leadership Effectiveness

The extent to which a leader is able to achieve desired results or outcomes through the direction, influence, and control of organizational resources.