Seventy Percent of the Students in a Classroom Are Women

question 18

Multiple Choice

Seventy percent of the students in a classroom are women and 30 percent are men. One student is described as ambitious, athletic, and assertive. Why are most people likely to think this description refers to a male student?

• A) They are using the availability heuristic.
• B) They are using the representativeness heuristic.
• C) People seek only confirming information.
• D) People tend to make relative comparisons.

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Definitions:

Master Account

A central account that holds funds or securities, often used by institutions to manage multiple sub-accounts.

Available Balance

The amount of funds in a bank account that is accessible for withdrawal or processing of checks or electronic payments, not including any holds, unprocessed transactions, or restrictions.

Cheque Book

A booklet of cheques provided by a bank allowing the account holder to pay others by writing cheques.

Financial Statement

A formal record of the financial activities and position of a business, individual, or other entity, typically including a balance sheet, income statement, and cash flow statement.