When decision makers assess the likelihood of an event based on how closely it resembles other events or sets of events, they are using ________.
A) selective perception bias
B) representation bias
C) framing bias
D) availability bias

Question

Quizplus · Accepted Answer

Representation bias occurs when decision makers judge the probability of an event by how much it resembles other events or sets of events, rather than using statistical reasoning.

When Decision Makers Assess the Likelihood of an Event Based