People can be a poor judge of risk. Which of the following best describes the kinds of errors people tend to make? A. People underestimate low-probability risks and exaggerate high-probability risks. B. People underestimate both low-probability risks and high-probability risks. C. People exaggerate low-probability risks and underestimate high-probability risks. D. People exaggerate both low-probability risks and high-probability risks.
People can be a poor judge of risk. Which of the following best describes the kinds of errors people tend to make? A. People underestimate low-probability risks and exaggerate high-probability risks. B. People underestimate both low-probability risks and high-probability risks. C. People exaggerate low-probability risks and underestimate high-probability risks. D. People exaggerate both low-probability risks and high-probability risks.
Ciccarelli: Psychology_5 (5th Edition)
5th Edition
ISBN:9780134477961
Author:Saundra K. Ciccarelli, J. Noland White
Publisher:Saundra K. Ciccarelli, J. Noland White
Chapter1: The Science Of Psychology
Section: Chapter Questions
Problem 1TY
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People can be a poor judge of risk. Which of the following best describes the kinds of errors people tend to make?
A. People underestimate low-probability risks and exaggerate high-probability risks.
B. People underestimate both low-probability risks and high-probability risks.
C. People exaggerate low-probability risks and underestimate high-probability risks.
D. People exaggerate both low-probability risks and high-probability risks.
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