Mental shortcuts used to help people in estimating probabilities include the availability and representativeness heuristics and can lead people to estimate that the odds of two uncertain events happening together are greater then the odds of either event happening alone.

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This statement is true. The availability and representativeness heuristics are mental shortcuts that can influence how people estimate probabilities. The conjunction fallacy is also a possible result of using these heuristics, which leads people to believe that the odds of two uncertain events happening together are greater than the odds of either event happening alone.

Mental Shortcuts Used to Help People in Estimating Probabilities Include