Estimating the probability of something based on how well the circumstances match your prototype for that event or object is called _____.

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The representative heuristic involves judging the likelihood of an event based on how well it matches a prototypical example or stereotype of that event. It is a shortcut our brain uses to make quick judgments, but it can also lead us to ignore important information and make errors in decision-making.

Estimating the Probability of Something Based on How Well the Circumstances