Examlex
When using the availability heuristic, people tend to judge the probability of an event based on:
P-Value
Under the assumption that the null hypothesis is valid, it is the probability of observing test results that are as extreme or even more so than the ones actually observed.
Sample Evidence
Data or material obtained from a select group out of a larger population, used to infer or make generalizations about the population.
Standard Deviation
It quantifies the variability or dispersion across a set of data points by calculating the average distance from the mean for each data point.
Variance
A statistical measure of the spread of a set of scores, calculating the average of the squared differences from the mean.
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