The tendency to ______ the frequency of very rare events has important implications for ______.
A) over estimate, personal experience
B) under estimate, choice behavior
C) over estimate, choice behavior
D) under estimate, personal experience

Question

Quizplus · Accepted Answer

The tendency to overestimate the frequency of very rare events can significantly influence choice behavior, as it may lead individuals to make decisions based on an inflated perception of risk or occurrence.

The Tendency to ______ the Frequency of Very Rare Events