4–5 paragraphs. Apply APA standards to citation of sources.

PSY 363 M5 Assignment 2: Discussion—Typical Reasoning

People
often take shortcuts in problem solving and quickly arrive at answers. Known as
heuristics, these shortcuts may increase the speed of decisions but may also
decrease the accuracy of those decisions. The experiment used in this
assignment deals with inaccurate decisions based on the conjunction fallacy,
where people think the chance of two events happening at the same time is
greater than just one event occurring. However, the chance of one event
occurring is greater than two events occurring; hence, the fallacy.

Access
the CogLab demonstration Typical Reasoning. Follow the instructions to complete
the demonstration. Next, answer the following questions:

For this demonstration, on
average, do participants give higher ratings for single events or
conjunctions of events? Based on the demonstration results, did you make
your judgments by using objective probabilities? Why or why not?
What is a stereotype? How do
stereotypes relate to the findings of this demonstration?
Respond to the following two
situations:
- You and two of your coworkers
  have just interviewed a candidate for a job opening at your law firm.
  Your boss asks you what inferences you made about the candidate during
  the interview. What can you do to maximize your likelihood of making a
  correct inference?
- John is a young, energetic,
  muscular, and outgoing individual. Estimate the following for him:
  - - He is tall and likes sports
    - He is tall, likes sports,
      and has lots of friends