________ bias refers to the tendency for people to base their judgments on information that is easily accessible.
A) Anchoring
B) Hindsight
C) Availability
D) Confirmation
E) Overconfidence

Question

Quizplus · Accepted Answer

Availability bias refers to the tendency to rely on readily available information to make judgments, rather than seeking out more relevant but less accessible information. For example, if someone is trying to assess the risk of a certain activity, they may rely on recent news stories they have heard about accidents related to that activity, rather than seeking out statistics or expert opinions. This bias can lead to inaccurate assessments and poor decision making.

________ Bias Refers to the Tendency for People to Base