When people need to make a decision involving a high degree of uncertainty, what techniques do they often use to estimate the probability of an event occurring?
A) the trial-and-error strategy and the additive model
B) the elimination by aspects model and the single-feature model
C) the availability heuristic and the representativeness heuristic
D) insight, intuition, mental sets, and pure guesswork

Question

Quizplus · Accepted Answer

The availability heuristic and the representativeness heuristic are two common techniques people use to estimate the probability of uncertain events. The availability heuristic involves estimating the likelihood of an event based on how easily examples come to mind. The representativeness heuristic involves estimating the likelihood of an event based on how well it matches our expectations or stereotypes of what that event should look like. These heuristics can be useful, but they can also lead to biases and errors in judgment.

When People Need to Make a Decision Involving a High