Get Cheap assignment Help Online: What are the two factors that determine the availability of information in our memory?

Get Cheap assignment Help Online: What are the two factors that determine the availability of information in our memory?

1. What are the four basic steps in decision making?

2. Explain in your own words what probabilistic information is.

3. Explain what the normative model of risk assessment is, and why most people do not use the normative model in making day-to-day decisions?

4. What are judgement heuristics? Give two examples.

5. What are the two factors that determine the availability of information in our memory? Explain what these mean.

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