Perception is the process of interpreting sensory stimuli to form meaningful information. There are common errors in perception, such as selective perception where one focuses only on things related to their interests. Other errors include projection, where one attributes their own attributes to others; stereotyping, where one judges individuals based on group perceptions; halo effect, where an impression is drawn from a single characteristic; and contrast effect, where evaluation depends on comparison to others. These errors can lead to faulty judgments and wrong decisions due to distorted perception.