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Stephon Knows Someone Whose Brother Received a Very Lucrative Contract

Question 60

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Stephon knows someone whose brother received a very lucrative contract to play professional basketball for the National Basketball Association (NBA) .With this success story in mind,he ignores the statistics that indicate a very low probability that anyone will make it to the NBA and overestimates his own chances of making it.This scenario best illustrates


A) the covariation principle.
B) the base-rate fallacy.
C) non-correspondent inferences.
D) the actor-observer effect.

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