Examlex
Which of the following best summarizes the effects of numerical ability on judgements from data (Kahan,Peters,Dawson,Slovic,2017) ?
Moore's Law
The observation that the number of transistors on a microchip doubles approximately every two years, leading to an exponential increase in computing power.
Metcalf's Law
Metcalfe's Law states that the value of a telecommunications network is proportional to the square of the number of connected users of the system, emphasizing the exponential value increase with more users.
Technology Sea Change
A significant and fundamental transformation in technology that leads to wide-reaching changes in society or industry.
Customer Acquisition Costs
The expense associated with convincing a consumer to buy your product or service, including research, marketing, and advertising costs.
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