Multiple Choice
This particular heuristic sets a standard of rationality based on a number of factors and then makes decisions based on this criteria.This type of decision making is often in environments in which there are often less that optimum solutions.
A) conjunction fallacy
B) fast-and-frugal heuristic
C) take-the-best heuristic
D) hot hand
Correct Answer:
Verified
Correct Answer:
Verified
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