Question

Which judgment bias occurs when one assumes a small number of observations can lead to valid and reliable conclusions?

Answer 1

Rule of small numbers.

Step-by-step explanation:

The rule of small numbers corresponds to the false assumption held by people that small samples will resemble the population from which they are extracted. In other words, it is a judgment biasedness, which occurs when the features of a sample population are assumed to be derived from a small number of observations or data points.