Suppose that sports fans in Canada are given a list of names of all the medal winners in the last Olympics.After a few minutes of study,the fans are asked to estimate the percentage of medals won by Canada.The fans probably will _____ this number due to the _____.

Question

Quizplus · Accepted Answer

The fans are likely to overestimate the percentage of medals won by Canada due to the availability bias. This bias occurs when people base their estimates on the ease with which examples come to mind, rather than on the actual frequency or probability of the event occurring. In this case, the fans are more likely to remember and recall the Canadian medal winners, leading them to overestimate Canada's overall medal count.

Suppose That Sports Fans in Canada Are Given a List