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

Author Question: What is the benefit of using "fast and frugal heuristics"? (Read 72 times)

mpobi80

  • Hero Member
  • *****
  • Posts: 519
on: Oct 8, 2020

Question 1

What is subjective probability?

◦ a personal estimate of what the likelihood of an outcome is
◦ what an outcome is personally worth to an individual
◦ the expected value of an outcome
◦ an individual's willingness to take risks

Question 2

What is the benefit of using "fast and frugal heuristics"?

◦ We tend to have greater confidence in decisions made that way.
◦ We make more accurate decisions than when we use careful reasoning.
◦ There are few benefits to the use of those heuristics, as decision making tends to be very flawed when done rapidly.
◦ We can make decisions very quickly.
Psychology: Themes and Variations ¦ Weiten, McCann ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by mpobi80 on Oct 8, 2020

gasdhashg

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Oct 8, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


mpobi80

  • Member
  • Posts: 519
Reply 2 on: Oct 8, 2020
Excellent

duy1981999

  • Member
  • Posts: 341
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Acid Fast Stain Acid Fast Stain
Fast Axoplasmic Transport Fast Axoplasmic Transport
Fast food effects on body Fast food effects on body
Children can fast map the meanings of words in a single exposure. Children can fast map the meanings of words in a single exposure.
Strategy: Algorithms and Heuristics Strategy: Algorithms and Heuristics
Injuries That Benefit from Burn Center Care Injuries That Benefit from Burn Center Care
Video: Types of antimicrobial substances (interferons & complement protein)

For a complete list of videos, visit our video library