Which of the Following Is an Example of Flawed Inductive

question 29

Multiple Choice

Which of the following is an example of flawed inductive reasoning due to availability bias?

• A) Basing your assessment of the risk of a plane crash on television news reports.
• B) Believing the odds to be in your favor at a casino after winning the lottery.
• C) Determining the popularity of a government policy based on the opinions of your friends.
• D) Basing your assessment of the risk of a plane crash on television news reports and determining the popularity of a government policy based on the opinions of your friends.

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Definitions:

One-Time Price Reduction

A temporary reduction in the price of a product or service, offered only once as an incentive.

Trade Discounts

Discounts on the list retail price offered to channel members.

Cash Discounts

are reductions in price offered to buyers as an incentive for early payment of their bills, used to improve cash flow.

No-Doubt Security Products

Security products or solutions that offer undeniable protection and reliability, leaving no room for uncertainty or risk.