Examlex
Michaela is a systems analyst who is determining business requirements.What would most likely be the SDLC phase for her?
Availability Heuristic
A mental shortcut that relies on immediate examples that come to mind when evaluating a specific topic, concept, method, or decision.
Lottery Jackpot
The largest prize available in a lottery, often accumulating until it is won.
Infinitesimal Odds
Extremely small chances or probabilities of a specific event occurring.
Framing Effects
In prospect theory, changes in people’s decision making caused by new information that alters the context, or “frame of reference,” that they use to judge whether options are viewed as gains or losses relative to the status quo.
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