Which of the following students provides the most accurate perspective on the availability heuristic?
a. Barbara: The availability heuristic is actually very accurate, and it almost always leads us to the correct decision.
b. Harley: The availability heuristic is generally accurate, but recency and familiarity can distort our decisions.
c. Angela: The availability heuristic is generally accurate, except that we should be cautious about the recognition heuristic, which is not very accurate.
d. Magda: Unfortunately, the availability heuristic is the least accurate of the three major heuristics, especially because of the hindsight bias.
Question 2
How could the illusory-correlation effect produce a stereotype?
a. People use the prospect theory to predict the likelihood of the stereotype.
b. People use the representativeness heuristic to determine whether a particular stereotype seems likely for a particular group of people.
c. People pay too much attention to a group of people who have a particular combination of characteristics, and they ignore the other three possible combinations of characteristics.
d. People overemphasize the estimate provided by anchor, and they pay too little attention to bottom-up processing.
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