Examlex
-The table above gives the utility Andy receives from different quantities of vanilla ice cream cones. Complete the table.
Representativeness Heuristic
A mental shortcut that involves making judgments based on how much one thing resembles another, which can lead to biases in decision making.
Base-Rate Information
Statistical data that provides foundational probabilities of certain events or characteristics within a specific population.
Script Information
Knowledge structures stored in memory that dictate the sequence of actions in specific contexts.
Representativeness Heuristic
A cognitive shortcut that involves judging the probability of an event by its similarity to a prototype.
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