The Prediction That People Estimate Frequency or Probability by the Ease

question 9

Multiple Choice

The prediction that people estimate frequency or probability by the ease with which instances or occurrences of the event can be brought to mind is known as the ________.

• A)heuristic bias
• B)availability heuristic
• C)representative heuristic
• D)halo effect

Grasp the concept of pay for knowledge systems and their benefits within high-flexibility organizations.

Understand the process of job evaluation and its significance in formulating compensation systems.

Identify the factors influencing the choice between base pay and performance pay.

Comprehend the implications of compensation design on employee behavior and organizational structure.