Question

Failing to consider the law of large numbers most likely results in errors concerning

Answer 1

Heuristics are often described as mental shortcuts. The failing to consider the law of large numbers most likely results in errors concerning the representativeness heuristic.

• Representativeness heuristic is simply known to be the act of approximating the probability of an event by contrasting it to an existing prototype that may have been existing in our minds.

This prototype is  known as  the things we think that is more important. It can be said to be a mental shortcut that people use when estimating the likelihood of a thing occurring.

The representativeness heuristic often take into consideration the law large numbers that shows  the outcome of carrying out the same experiment a large number of times.

See full question below

Failing to consider the law of large numbers most likely results in errors concerning

a. confirmation bias

b. the falsification principle

c. the representativeness heuristic

d. utility

Learn more about the Representativeness heuristic from

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