Liberty Busi 340 Week 4 Quiz 1

1. The availability heuristic refers to the tendency: A. to choose an alternative that is good enough rather than the best. B. for people to influence an initial anchor point. C. to evaluate probabilities of events or objects by how closely it resembles another event. D. to estimate the probability of something occurring by how easily we can recall those events. E. for decision makers to evaluate alternatives sequentially rather than comparing them all at once. 2. Which of the following stateme...