The Incidence Rate Refers To

question 6

Multiple Choice

The incidence rate refers to:

• A) The number of new cases of disease in a population.
• B) The number of existing cases of disease in the population.
• C) The number of new and existing cases of disease in the population.
• D) The number of those who recovered and those who are deceased in the population due to the disease.

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Definitions:

Endowment Effect

A psychological phenomenon in which people assign higher value to things merely because they own them.

Loss Aversion

In prospect theory, the property of most people’s preferences that the pain generated by losses feels substantially more intense than the pleasure generated by gains.

Anchoring Effect

A cognitive bias where an individual relies too heavily on an initial piece of information (the "anchor") when making decisions.