Availability Heuristic
A heuristic is a mental shortcut that we often use to make judgments and decisions. Availability heuristic is based on the principle that the first things come to our mind when evaluating certain topics, events, and methods, must be the based on the more common occurrences, or must be more important than other available alternatives which do not easily come to mind.
The problem with this type of mental shortcut, however, is that it can easily be influenced or biased towards vivid, dramatic events, or recent news and information, especially those sensationalized by the media.
For example, people might take more precaution against murder and car accidents compared to illnesses such as diabetes and stomach cancer, as the two former are more sensationalized or are often reported in the news than the latter two. However, statistics show that in America, these illness actually take twice as much lives than murder and car accidents (source: http://study.com/academy/lesson/availability-heuristic-examples-definition-quiz.html).
<span>Moveon.org and Americans for Prosperity are both advocacy groups. While each is at opposite ends of the liberal-conservative spectrum, they both have a common purpose. Each strives to educate the public in a manner that will gain support for their political ideology.</span>
Answer:
1. Recognize that good corporate governance is not just about compliance. ...
2. Clarify the board's role in strategy and risk management. ...
3. Monitor organizational performance. ...
4. Build a skills-based, diverse board. ...
5.Appoint an effective, competent chairperson. ...
6. Support equal voices for all board members
Answer:
Histograms are common, as are frequency polygons. Frequency polygons are a graphical device for understanding the shapes of distributions. They serve the same purpose as histograms, but are especially helpful in comparing sets of data.
