Consider This Argument Offered by the Assistant Principal of a High

question 34

Multiple Choice

Consider this argument offered by the assistant principal of a high school: "Fact is 99% of the time when a high school gets a bomb threat it is because some kid is not prepared to take an exam that day. Our school just received a bomb threat. So this means that one of our students is not prepared to take an exam today." That argument is an example of ________.

• A) the Gambler's Fallacy
• B) the fallacy of False Cause
• C) a valid argument. The conclusion cannot be false if the premises are true
• D) a warranted argument. The conclusion might be false even if the premises are true
• E) a demonstration of the statistical correlation between fake bomb threats and unprepared students

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Definitions:

Exact Interest

A method of calculating interest using a 365-day year or actual number of days in a loan's term, leading to a more precise interest calculation.

365-Day Year

A calendar year used for financial calculations, representing the actual number of days in most years.

Total Amount

The entire sum of money required for or received from a transaction.

Exact Simple Interest

Interest calculated exactly on the principal amount of a loan or investment, without compounding, over a specific period of time.