The answer is representativeness heuristic. This is used when making decisions about the likelihood of an occasion under doubt. It is unique of a group of heuristics (simple rules leading decision or decision-making) suggested by psychologists Amos Tversky and Daniel Kahneman in the 1970s.
The graph is misleading because the year’s interval is not constant.
The first year to the second year, the gap is 1 year; in the second to the
third year, the gap is 2; in the third to the fourth year is 4; and the fourth
to the fifth year is 6.
