Examlex
In 1964, which of the following was true of the University of California at Berkeley?
Extreme Scores
Data points in a dataset that are significantly higher or lower than the majority of the data, often considered outliers.
Sunk-Cost Fallacy
The misconception that ongoing investment in a project should continue based on the cumulative prior investment (sunk costs) regardless of the current and future costs and benefits.
Variety Seeking
The tendency of consumers to seek diversity and change in their choices or experiences.
Cybermediaries
Online intermediaries that facilitate transactions or information flow between businesses and consumers.
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