Question

In making a judgment about a specific
instance, people often fall to take into
account how prevalent or frequent
something is in general. This describes:
confirmation bias
regression fallacy
O base-rate fallacy
false consensus effect​

Answer 1

Answer:

Explanation:

In behavioral finance, base rate fallacy is the tendency for people to erroneously judge the likelihood of a situation by not taking into account all relevant data.

Answer 2

In making a judgment about a specific instance, people often fall to take into account how prevalent or frequent something is in general. This describes the confirmation bias.

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