The confirmation bias
A) is the belief that the odds of a chance event increase if the event hasn't occurred recently.
B) is the tendency to only seek information that is likely to support one's decisions and beliefs.
C) refers to when people's belief about whether an outcome will occur changes. depending on how alternative outcomes are distributed, even though the summed probability of the alternative outcomes is held constant.
D) refers to how decision issues are posed, and how choices are structured.
Correct Answer:
Verified
Q182: Loss aversion occurs when
A)gains loom larger
Q192: The gambler's fallacy reflects the influence of
Q222: Research shows that Democrats tend to predict
Q223: The tendency to evaluate evidence in a
Q224: Malcolm has been watching a roulette-type game
Q226: The deliberate choice of words to create
Q228: Framing refers to
A) the way in which
Q229: To solve the "string problem" described in
Q230: In light of their views on language
Q231: When people are seeking gains,they are _
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents