Which of these generalizations about decision making is false?

(a) People often produce relatively few options for action, even in situations
in which many options could be produced
(b) People often consider too many possible states of the world
(c) People assess frequencies and probabilities of events by using a set of
rules of thumb which usually work pretty well, but which sometimes
produce wildly inappropriate results
(d) People's assessments of utilities are affected by the measuring instrument

B

Psychology

You might also like to view...

An epidemiologist has received a grant to study rates of suicide in the overall population. Which group will she find has the highest rate of completed suicides?

a. adolescents b. young adults age 20-29 c. adults over age 30 d. adults over age 65

Psychology

In opening her new private preschool, Mrs. Alvarez plans to

only accept students who come from upper-middle income families, because she read that students who perform well come from higher socioeconomic families. Mrs. Alvarez is making the _____ error of critical thinking. A) Occam's Razor B) extraordinary claims C) confirmation bias D) correlation vs. causation

Psychology