Which of the Following Is an Example of Flawed Inductive

question 3

Multiple Choice

Which of the following is an example of flawed inductive reasoning due to predictable-world bias?

• A) Basing your assessment of the likelihood of a political candidate being elected based off your co-workers' preferences.
• B) Believing a hedge fund will consistently beat the market in the future, because of its dominant performance over the last 3 years.
• C) Gauging customer satisfaction of a product based on the voluntarily submitted comments on a product's webpage.
• D) None of the answers is correct.

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Definitions:

Public Education

An education system funded and administered by the government, ensuring free access to education for all children.

Defense

Activities related to protecting a country from external threats and ensuring national security.

Automobile Industry

A sector of the economy focused on the manufacturing, design, and sale of motor vehicles, significantly impacting global economics, culture, and environmental policy.

Auto Mania

A term that can refer to the intense enthusiasm and boom in automobile ownership and production, especially evident in the early to mid-20th century.