Suppose that sports fans in the United States are given a list of names of all the medal winners in the last Olympics.After a few minutes of study,the fans are asked to estimate the percentage of medals won by the United States.The fans probably will _____ this number due to the _____.
A)overestimate;hindsight bias
B)overestimate;availability bias
C)underestimate;hindsight bias
D)overestimate;category-specific deficit

Question

Quizplus · Accepted Answer

The fans are likely to overestimate the percentage of medals won by the United States due to the availability bias, which is the tendency to overestimate the frequency or likelihood of events based on how easily they come to mind or are readily available in memory. The fans may be more likely to recall or pay attention to the American medal winners, leading them to overestimate the share of medals won by the United States.

Suppose That Sports Fans in the United States Are Given