Which of the following decision biases may occur when individuals draw broad conclusions from small sets of observations instead of more reliable sources of information derived from large, randomly selected sets of observations?

Question

Quizplus · Accepted Answer

Misunderstandings about sampling occur when individuals make broad conclusions from small, non-representative samples instead of relying on larger, randomly selected samples that provide more reliable information.

Which of the Following Decision Biases May Occur When Individuals