Author Question: One day, a tree on the Lakewood Golf Course was hit by lightning. The following weekend, Galen ... (Read 15 times)

jwb375

  • Hero Member
  • *****
  • Posts: 540
One day, a tree on the Lakewood Golf Course was hit by lightning. The following weekend, Galen continues his golf game near that tree during a thunderstorm because he is certain that lightning will not strike there twice. Galen's decision is based on ____.
 
  a. gambler's fallacy
  b. probability heuristic
  c.  loss aversion
  d. multi-attribute decision making

Question 2

After watching the winner of American Idol tell her story of going from a simple girl to a famous singer, Sun was convinced that she too could be on the show and become famous. Suns reaction demonstrates how people tend to ____.
  exaggerate the expected value of a future outcome
 
  a. overestimate the probability of unlikely events
  b. believe that future events in a random process will be affected by past events
  c.
  d. ignore negative evidence when making a decision



AmberC1996

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

ANSWER:
a

Answer to Question 2

ANSWER:
a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Cyanide works by making the human body unable to use oxygen.

For a complete list of videos, visit our video library