When People Estimate the Probability of an Event Occurring,they Use

question 69

True/False

When people estimate the probability of an event occurring,they use the availability heuristic.

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Definitions:

Seigneurial Courts

Judicial institutions in feudal societies where lords or nobles had the authority to adjudicate legal disputes among people living on their land.

French Nobility

A historically privileged social class in France, distinct by birth or concession by the monarch, possessing certain economic, political, and special legal privileges until the French Revolution.

Local Lord

A feudal lord who had local authority and governance over a specific area during the Middle Ages.

Tax Farmers

Individuals or companies who were awarded the right to collect taxes or other dues on behalf of the government, often keeping a portion as profit.