When asked to guess whether Mark is from Montana or California, you guess California because more people live in California. You have used "base rate information" in making your decision.
<h3>What is Base Rate in Psychology?</h3>
Base rate is the frequency of a phenomenon that naturally occurs in a population. Using base rate information, rational decisions are made taking into account the general occurrence in a larger population in favour of the specific incidence in a particular case.
Effects of base rate information are-
- Base rate fallacy, as used in behavioural finance, is the propensity for people to incorrectly assess the likelihood of a situation by ignoring all pertinent information.
- Investors may instead place a greater emphasis on recent information without taking into account how this affects their initial hypotheses.
To know more about the characteristics of an annual percentage rate, here
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Answer: The divine right of kings.
Explanation:
Absolutism is the political position that describes the king as having the absolute power of a region or country, and there are no divisions of power superior to the king; that is to say <em>"the will of the king is absolute"</em>.
In these systems, the king has the power to make laws, exercise legal judgments, appoint members of his cabinet, or eliminate and create branches of government.
Currently, some examples of absolute monarchies are Saudi Arabia and Vatican City.
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Sending resources, such as soldiers, food, ships, and ammo.
Answer:B. Procedural
Explanation:
Procedural memory is part of our long term memory which equips us with the ability to understand how to do things , which is also referred to as motor skills. Procedural memory restores procedural Information that will let us know what is the procedure we need to take in order to walk ,talk or play.
It tells us how to hold a golf stick and we need to do after that, so it gives us a set of procedures that are required to perform daily tasks.
The other three states are: Arizona<span>, </span>Colorado<span>, and </span><span>New Mexico.</span>
