Question: What is the difference between the availability and confirmatory biases? Question content area bottom Part 1 A . The availability bias occurs when a decision
What is the difference between the availability and confirmatory biases?
Question content area bottom
Part
A
The availability bias occurs when a decision maker underweights information that is not consistent with their initial beliefs. The confirmatory bias occurs when individuals use the data that is most readily available or most easily recalled to make a decision, as opposed to considering all relevant data.
B
The availability bias occurs when individuals use the data that is in accordance with industry standards as opposed to actual relevant data. The confirmatory bias occurs when a decision maker compares data to that of an unrelated entity in another industry.
C
The availability bias occurs when a decision maker compares data to that of an unrelated entity in another industry. The confirmatory bias occurs when a decision maker overweights information that is not consistent with their initial beliefs.
D
The availability bias occurs when individuals use the data that is most readily available or most easily recalled to make a decision, as opposed to considering all relevant data. The confirmatory bias occurs when a decision maker underweights information that is not consistent with their initial beliefs.
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