10 Questions
What is the primary mistake in stereotyping?
Overgeneralizing and not representing everyone in the category
What is the tendency to judge the frequency or likelihood of an event by the ease with which relevant instances come to mind?
Availability heuristic
What is the result of judging the frequency or likelihood of an event by the extent to which it resembles the 'typical' case?
Representativeness heuristic
What is the error in judgment that occurs when we assume that an unusual event will be followed by a more typical event?
Regression to the mean
What is the process of assigning traits to people based on their membership in a social category?
Stereotyping
What is the function of categorical thinking in stereotyping?
To save energy and simplify our understanding
What is the basis of systemic and intentional discrimination?
Stereotyping
What is the primary error in the representativeness heuristic?
Overgeneralizing and not considering regression to the mean
What is the purpose of categorizing people in stereotyping?
To identify in-group and out-group members
What is the result of heuristic thinking in decision making?
Can lead to errors in judgment and decision making
This quiz assesses your understanding of the concept of anchors in decision making, specifically in the context of real estate agents and the impact of listed prices on their estimates. It's based on the study by Northcraft and Neale (1987) and is meant for CityU CB2300 students. Test your knowledge now!
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