Which decision-making strategy involves making judgments of likelihood based on how well an example represents a specific category?
A)an algorithm
B)a conjunction heuristic
C)the representativeness heuristic
D)the availability heuristic

Question

Quizplus · Accepted Answer

The representativeness heuristic involves making judgments of likelihood based on how well an example represents a specific category. This strategy fails to take into account base rates, or the actual frequency of an event or characteristic in a population, and can lead to faulty decision-making.

Which Decision-Making Strategy Involves Making Judgments of Likelihood Based on How