What Error in Reasoning Is Exemplified by the Following Statement

question 28

Multiple Choice

What error in reasoning is exemplified by the following statement?
A random survey o20 adults coming out osubway stations in New York City revealed that 16 considered owning a car to be olittle importance. Clearly, 80 percent oAmericans don't care much about owning cars.

• A) hasty generalization
• B) faulty deduction
• C) false cause
• D) invalid analogy
• E) circular thinking

Comprehend how consumer's surplus changes with price changes.

Understand the concept of reservation price and income effects on consumer choice.

Learn how utility optimization impacts consumer choices under budget constraints.

Understand the basic terminology and abbreviations related to endocrinology and glandular functions.

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Definitions:

Positive Letters

Written communications that convey good news, congratulations, or other positive messages to the recipient.

Goodwill Expression

Communication intended to create or maintain positive relationships, often demonstrating kindness or friendliness.

Generate Goodwill

The act of fostering a positive image and favorable perception among customers, stakeholders, or the public through beneficial actions.

Positive Messages

Communications that convey affirmative or constructive information, often intended to encourage or uplift the receiver.