Which of the following states that extreme outcomes are more likely when considering fewer cases?
A) the law of large numbers
B) Weber's law
C) the law of small numbers
D) the law of effect

Question

Quizplus · Accepted Answer

The law of small numbers is a cognitive bias that leads people to believe that small samples will closely resemble the population from which they are drawn, often underestimating the variability likely in small samples, thus thinking extreme outcomes are more likely.

Which of the Following States That Extreme Outcomes Are More