Question: What is the difference between the availability and confirmatory biases? A . The availability bias occurs when individuals use the data that is in accordance
What is the difference between the availability and confirmatory biases?
A 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.
B 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.
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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