<span>The bias is a characteristic of representativeness. This is what one uses when making decisions about the likelihood of an event when they are unsure. It is one of the bias proposed by psychologists Amos Tversky and Daniel Kahneman in the early 70s.</span>
Answer: The Townspeople
Explanation:
The account from the British Officer states that as arrived in the town, they saw hundreds of people in the middle of the town and so they approached them cautiously with no intent to attack them.
This changed when the townspeople fired one or two shots first at the British which prompted some soldiers to then attack them.
Answer:
During a cost benefit analysis, a consumer take in view the worth of his money and what he values more.
Now in order to compare both options and decide, he should go through following steps,
- Compile lists: Make a list of all the cons and pros related to both the options covering all bases.
- Associate monetary value: Associate monetary values to both the options. For example what would be the benefit or lag if either of the options happen or don't happen.
- Set up the equation and compare: Compare the results of the above two steps and see which option has an overall high benefit rate.
This will allow the consumer to analyse both his options and chose the best one.
Answer: The passage above is an example of a:
Semantic Encoding.
Explanation: Semantic Encoding is a form of storing details or information unlike the conventional way. It is processed on how the context is meaningfully related to another information or context or stimuli.
