HEURISTICS AND BIASES

Imagine that you've recently read that there was a major nuclear power plant accident in San Francisco and nearly 150 people lost their lives and properties worth $7 billion were damaged. Also people residing within 30kms of the power plant were affected badly. Now the govt has planned to set up a nuclear power plant near your place. What will be your opinion regarding it?Do you think it is risky to have a power plant near your place?

• Yes, it's very risky

• It's somewhat risky

• No, it's not risky

One of your distant relative told you that their son went with his colleagues for a skydiving trip. While diving, his parachute didn't work and hence he ended up crashing in a heavily wooded area. Now your friends have planned a skydiving trip to Manali. What will be your mindset towards the adventure of skydiving?

• Skydiving is very dangerous

• Skydiving is somewhat dangerous

• Skydiving is not dangerous

Imagine that you're childhood dream is to do B.Sc visual communication. Before putting admission , you remember reading an article in Economic times which stated that more than half of the students who chose visual communication as their career ended up being unemployed and most of them were part time employees in Swiggy and Zomato. What will be your decision in this scenario?

• Yes, I will choose VISCOM as my career

• No, I won't choose as my career

Imagine that you've planned to admit your 4 year old kid in a well reputed school next month. A week before your kid's admission, one of your neighbour's told you that a 6 year old kid fell from first floor accidentally and ended up with a head injury two years back and added that this accident is because of the teacher's carelessness. Also, that was the first time something like that happened. What will you do now? Will you admit your kid in the same school?

• Yeah, I'll admit my kid in the same school

• No, I won't admit my kid in the same school.

After doing some study about mutual funds, you've planned to invest your savings in it. But one of your colleague is advising you not to invest in mutual funds. He told that he ended up with a huge loss by investing in it.What will be your opinion in this scenario? Will you invest in mutual funds?

• Yes, I'll invest in mutual funds

• No, I won't invest in mutual funds

What do you think about changing the career at the age of 30?

• Very risky

• Somewhat risky

• Not at all risky

What is your opinion regarding drinking a diet coke?

• Very healthy to drink

• Somewhat healthy to drink

• Not at all healthy

What is your opinion regarding OCD(Obsessive Compulsive Disorder)? Do you think OCD can be cured? [OCD is characterised by unreasonable thoughts and fears (obsessions) that lead to compulsive behaviours]

• Very dangerous to our mental health. It can't be cured

• Somewhat dangerous to our mental health. It can be cured only to some extent,not permanently

• Not at all dangerous to our mental health. It can be completely cured

What is your opinion regarding eating maggi once in a week?

• Not at all dangerous to our health

• Somewhat dangerous to health

• Very dangerous to our health

Do you think adventures like Scuba diving, Paragliding is fatal?

• Yes

• No

• Maybe