Which component of memory is involved in storing familiar skills and tasks?

The correct answer is procedural memory. This component of memory is specifically responsible for the storage and retrieval of skills and tasks that are often performed automatically with practice. Procedural memory encompasses the "how-to" knowledge, allowing individuals to carry out actions such as riding a bike, playing an instrument, or typing on a keyboard without consciously thinking about the individual steps involved. This type of memory develops through repetition and practice, leading to the ability to perform tasks efficiently and effectively.

In contrast, declarative memory refers to the storage of facts and information that can be consciously recalled, such as names or historical events. Semantic memory, a subset of declarative memory, is focused more specifically on general knowledge and concepts, such as the meaning of words or facts about the world. Working memory involves the temporary holding and manipulation of information necessary for cognitive tasks currently being performed, but it is not related to the long-term storage of skills and tasks. Thus, procedural memory is the essential component when discussing the retention and performance of familiar skills.