Asked by Jacqueline Garcia on Sep 26, 2024
Verified
For the rest of his life,Joaquin thinks that all aliens must be peaceful because the aliens he met were peaceful.This is an example of which type of biased decision-making strategy
A) The Gambler's Fallacy
B) Confirmation Bias
C) The Law of Small Numbers
D) Belief Perseverance
Law of Small Numbers
A cognitive bias that leads people to draw broad conclusions from small samples of data.
Confirmation Bias
The tendency to search for, interpret, favor, and recall information in a way that confirms one's preexisting beliefs or hypotheses.
Gambler's Fallacy
The erroneous belief that if a particular event occurs more frequently than normal during the past, it is less likely to happen in the future, or vice versa, in situations that are truly random.
- Understand the influence of cognitive biases on one’s decision-making and judgement.
Verified Answer
Learning Objectives
- Understand the influence of cognitive biases on one’s decision-making and judgement.
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