Which of the following is true about the representativeness bias?
A) It occurs when individuals react to arbitrary or irrelevant numbers when setting financial or other numerical targets.
B) It occurs when information that is readily available is incorrectly assessed to also be more likely.
C) It occurs when good outcomes are attributed to personal characteristics, but undesirable outcomes are attributed to external circumstances.
D) It occurs when the way information is presented alters the decision an individual will make.
E) It occurs when individuals have more faith in their abilities to predict an event than logic suggests is actually possible.
Correct Answer:
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