When Collecting Information About Some Good or Service,many People First

question 70

Multiple Choice

When collecting information about some good or service,many people first ask their friends and family members about their experiences.This is because

• A) one can trust them to tell the truth.
• B) it is usually the least costly information.
• C) it is always the best information.
• D) their credibility is better than that of a salesclerk.
• E) their credibility is better than that of a company Web site.

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Definitions:

Hypothetical-Deductive Reasoning

A method of problem-solving that involves forming hypotheses and deducing their implications to see if they match with real-world facts.

Hypothetical-Deductive Reasoning

A method of problem solving or decision making that starts with a hypothetical situation and deduces logical outcomes.

Single-Factor

Pertaining to studies, experiments, or theories that are concerned with only one variable or aspect.

Multi-Factor

Pertains to situations, conditions, or phenomena influenced by multiple factors or variables, often used in contexts analyzing complex traits or outcomes.