When making a decision, most people take base rate information into account when they make judgments of the likelihood of some event.

Name: When making a decision, most people take base rate information into account when they make judgments of the likelihood of some event.
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Question

Quizplus · Accepted Answer

Most people tend to neglect base rate information and instead rely on specific information or stereotypes about the situation or event when making judgments, a phenomenon known as the base rate fallacy.

When Making a Decision, Most People Take Base Rate Information