Which statement about heuristics is correct?
A) The availability heuristic occurs when people use information from memory as a basis for assessing a situation or event.
B) The representativeness heuristic occurs when people assess the likelihood of something occurring based on its similarity to some stereotyped set of occurrences.
C) The anchoring and adjustment heuristic involves making decisions based on alterations to a previously existing value or starting point.
D) None of the options listed
E) All of the options listed
Correct Answer:
Verified
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