What Is One of the Difficulties with the Availability Heuristic

question 54

Multiple Choice

What is one of the difficulties with the availability heuristic?

• A)It seldom leads to a correct decision in everyday life.
• B)Frequency estimation may be distorted by the familiarity of the examples.
• C)People rely too much on adjustments and not enough on the anchor.
• D)People rely too much on abstract evidence,rather than concrete evidence.

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Definitions:

Underlying Performance

Underlying performance refers to the fundamental operational outcomes of an organization or company, removing the effects of one-time or unusual events to assess true performance.

Impact Investing

Investments made with the intention to generate positive, measurable social and environmental impacts alongside a financial return.

Private Sector Corporation

A business entity owned and operated by private individuals or groups, not by the government.

Logic Model

A systematic and visual way to present the perceived relationships among the resources, activities, outputs, and outcomes of a program or intervention.