In the Featured Study on Perceiving Geographical Slant, Proffitt and His

question 166

Multiple Choice

In the Featured Study on perceiving geographical slant, Proffitt and his colleagues (1995) found

• A) participants tended to overestimate the slant of 20-degree or steeper hills, while underestimating the slant of hills less than 20-degrees.
• B) participants tended to underestimate the slant of 20-degree or steeper hills, while overestimating the slant of hills less than 20-degrees.
• C) verbal and visual estimates of steepness were accurate, but haptic estimates tended to overestimate steepness.
• D) haptic estimates of steepness were accurate, but verbal and visual estimates tended to overestimate steepness.

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Definitions:

Treasury Bills

Short-term government securities issued at a discount from the face value and maturing in a year or less, representing a secure investment.

Collection Time

The typical period a business waits to receive money owed by its customers.

Weekly Disbursements

The total amount of money a business pays out in a week, covering expenses such as salaries, supplier payments, and other operational costs.

Opportunity Cost

The cost of foregoing the next best alternative when making a decision. It represents the benefits an individual, investor, or business misses out on when choosing one alternative over another.