The recognition heuristic ____.
A)requires a relatively sophisticated understanding of probability
B)generally produces a faulty decision
C)explains a hot streak in a baseball player's batting average
D)has been shown to beat other,more conventional means of selecting stocks

Question

Quizplus · Accepted Answer

The recognition heuristic suggests that if one of two objects is recognized and the other is not, then people infer that the recognized object has the higher value. It has been shown to be effective in certain decision-making scenarios, such as stock selection, where recognized companies may outperform unrecognized ones.

The Recognition Heuristic ____