This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: You estimate the number of bottles of pop you'll need for the Fourth of July picnic, based on the ... (Read 60 times)

charchew

  • Hero Member
  • *****
  • Posts: 579
on: Jun 20, 2018
You estimate the number of bottles of pop you'll need for the Fourth of July picnic, based on the Christmas party consumption, but taking into account the fact that the weather will be warmer. Which heuristic does this example illustrate?
 
  a. availability
  b. base-rate fallacy
  c. anchoring and adjustment
  d. representativeness

Question 2

When people estimate confidence intervals, they typically
 
  a. provide estimates that are too wide.
  b. rely too heavily on the representativeness heuristic.
  c. are not sufficiently confident about their decisions.
  d. provide estimates that are too narrow.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sultana.d

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Jun 20, 2018
Answer to Question 1

Ans: c

Answer to Question 2

Ans: d


charchew

  • Member
  • Posts: 579
Reply 2 on: Jun 20, 2018
Thanks for the timely response, appreciate it

Liamb2179

  • Member
  • Posts: 365
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Flower part number is a characteristic difference between monocots and eudicots Flower part number is a characteristic difference between monocots and eudicots
John Lewis Krimmel’s painting of the Fourth of July in Centre Square Philadelphia (1812) shows the d John Lewis Krimmel’s painting of the Fourth of July in Centre Square Philadelphia (1812) shows the d
Based on this figure, what pathway is used during urinary catheterization, in which a tube is ... Based on this figure, what pathway is used during urinary catheterization, in which a tube is ...
Continuum of aggression. Based on an unpublished figure by Joanne DeSanto Iennaco. Continuum of aggression. Based on an unpublished figure by Joanne DeSanto Iennaco.
How the neural plate develops into the neural tube during the third and fourth weeks of human ... How the neural plate develops into the neural tube during the third and fourth weeks of human ...
Genomic and fossil evidence has been used to estimate the times of divergence of human and Neanderth Genomic and fossil evidence has been used to estimate the times of divergence of human and Neanderth
Video: Mitochondrial Structure & ETC Protein Complexes (Protein Complexes and Electron Transport)

For a complete list of videos, visit our video library