A Manager Who Helped Develop a New Product That Looks

Multiple Choice

A manager who helped develop a new product that looks like it would be successful predicted a 90% chance of success for the new product.However, historical data indicate that of all new products introduced, only about 50% succeed.This suggests that the manager's prediction was guided primarily by the:

A) representativeness heuristic
B) availability heuristic
C) simulation heuristic
D) anchoring-and-adjustment heuristic
E) contrast effect