Exam 12: Judgment and Reasoning

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The availability heuristic

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Nisbett has argued that participants do understand the basic principles of statistics but often fail to use their knowledge. Which of the following situations does NOT contain one of the triggers that leads to the use of statistical knowledge?

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Describe the availability and representativeness heuristics, and provide real-life examples of each heuristic leading to an error. Explain why we would rely on these heuristics, if errors can (and do) occur.

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The availability heuristic is a mental shortcut that relies on immediate examples that come to a person's mind when evaluating a specific topic, concept, method, or decision. This heuristic is based on the idea that if something can be recalled easily, it must be important or common. For example, if someone is asked to estimate the likelihood of a plane crash, they might rely on recent news stories about plane crashes, leading them to overestimate the actual risk.

The representativeness heuristic is a mental shortcut that involves making a judgment about the probability of an event based on how similar it is to a prototype or stereotype. For example, if someone meets a person who fits their stereotype of a successful businessperson, they might assume that this person is indeed successful, even without any evidence to support that assumption.

We rely on these heuristics because they allow us to make quick decisions and judgments without having to carefully analyze every piece of information. In many cases, these heuristics can be accurate and efficient. However, errors can occur when the information that comes to mind easily (availability heuristic) or the prototype or stereotype (representativeness heuristic) does not accurately represent the true likelihood of an event or the true nature of a person or situation.

In real life, these heuristics can lead to errors in judgment and decision-making. For example, a person might overestimate the likelihood of a rare event, such as a shark attack, because of the vivid and memorable media coverage of such events (availability heuristic). Similarly, a hiring manager might make assumptions about a job candidate based on their resemblance to a successful person in their field, leading to biased hiring decisions (representativeness heuristic).

Overall, while these heuristics can be helpful in making quick decisions, it's important to be aware of their potential for error and to supplement them with more careful analysis when making important judgments or decisions.

Dual-process models state that people

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You are reading a political blog and come across the following sentiment: "Politicians are liars. John Doe is a politician. Therefore, John Doe is a liar." You are most likely to judge this as logical if you

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Molly is a Democrat, and she is certain that Republicans are evil and ruining the country. Discuss how tendencies like confirmation bias and belief perseverance contribute to her beliefs and her evaluation of new evidence.

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"All rectangles have four sides. All squares have four sides. Therefore all rectangles are squares." This incorrect statement is an example of

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Presumably, people would choose to use ________ when making judgments that are not particularly important and ________ for more crucial decisions, but evidence on the dual process system suggests this is NOT the case.

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Participants tend NOT to use base-rate information if they are also given

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People tend to be more alert and responsive to evidence that supports their preexisting notions and beliefs than to evidence that challenges them. This effect is called

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Describe the four-card task. In your description, include the following components: a. the basic task. b. the type of logical argument that governs the task. c. the typical performance rates and how those can be improved by changing components of the task.

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Before reading about a depressed individual, participants are told that the case is not at all typical. This instruction will

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The expected value of an option is dependent on the

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Many of us overestimate our own popularity. This could be because we surround ourselves with people who like us, rather than with people who do not. Therefore, it is easier for us to think of the names of people who like us than it is to think of the names of our enemies. This overestimation of popularity seems to derive from using

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Identify the premises in the following syllogism: All Dalmatians are dogs. Some Dalmatians have tails. Therefore, some dogs have tails.

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Which of the following is an example of the gambler's fallacy?

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Data format seems to play an important role in decision making because

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The law of large numbers implies that larger samples of data are less likely to show accidental patterns; therefore, larger samples are generally more informative. In making judgments about evidence, participants

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Reasoning from "man who" arguments is usually inappropriate because generalizing from a single case is justified only

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You are asked to rate how likely it is that a student, Steve, will pass an upcoming exam. You are told that, in the past, the "pass" rate for this exam is 30%. Which of the following statements about your rating is most likely to be true? You will

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