Answer:
The availability Heuristics
Explanation:
We make decisions and judgments every day. The heuristic is a mental shortcut that helps us in making the decision and judgment quickly without having spent a lot of time searching or analyzing the facts.
<u>Availability Heuristic:
</u>
Firstly it tells about how quickly we make the decision and judgment and how easily something gets into the mind. We always rely on how easily we can think of an example when we making any decision or judgment.
The problem with availability heuristic is that we assume that if we get all examples, readily available in our mind, the event or the subject matters is a commonplace.
However, there are many situations in which availability heuristics is accurate and useful.
Because they originated from same place and relegion called indians
Answer: Spending analysis
Explanation: Quantitative review in an individual's spending usually include observation of figures which include the amount spent on the purchase of a number of items. Studying data from purchases made by an individual from a quantitative perspective may be necessary in other to determine efficient cash and financial management as it involves careful analysis of spending with respect to the number of returns received. Spending analysis may be very useful when trying to improve the number or amount of items or goods purchased from a designated amount or budget.
