When People Commit the Base-Rate Fallacy,they Often

question 21

Multiple Choice

When people commit the base-rate fallacy,they often

• A)rely too heavily on the availability heuristic.
• B)believe that the conjunction of two events is more likely than either event by itself.
• C)pay too little attention to information about relative frequency.
• D)are especially likely to demonstrate the hindsight bias.

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Definitions:

Primary Sender

The initial originator or source of a message or piece of communication.

Well-informed Sense

Having or showing a deep understanding and awareness of a topic or situation, based on accurate and comprehensive information.

Draft Message

An initial version of a message that is not yet finalized and might undergo changes before being sent or published.

Formal Network

A structured system of communication channels established within an organization to facilitate the flow of information.