The availability heuristic can cause people to incorrectly assess the probabilities of various events because:
A) the most available event is not always the most frequent
B) the most likely event is not always the most frequent
C) it is too difficult to compute joint probabilities of events
D) it is too difficult to distinguish between probabilities and likelihoods

Question

Quizplus · Accepted Answer

The availability heuristic causes people to rely on readily available information when making judgments about frequency or probability. However, the most available event in memory is not always the most common or frequent, leading to incorrect assessments of probability.

The Availability Heuristic Can Cause People to Incorrectly Assess the Probabilities