Which statement about heuristics is correct?
A) The availability heuristic occurs when people use information from memory as a basis for assessing a current situation or event.
B) The representativeness heuristic occurs when people assess the likelihood of something occurring based on its similarity to a stereotyped set of occurrences.
C) The anchoring and adjustment heuristic involves making decisions based on alterations to a previously existing value or starting point.
D) all of the above
E) none of the above

Question

Quizplus · Accepted Answer

All three statements accurately describe different types of heuristics. The availability heuristic involves using information from memory to assess a current situation or event. The representativeness heuristic involves assessing the likelihood of something occurring based on its similarity to a stereotyped set of occurrences. The anchoring and adjustment heuristic involves making decisions based on alterations to a previously existing value or starting point. Therefore, option D is the correct answer.

Which Statement About Heuristics Is Correct