What Error in Reasoning Is Exemplified by the Following Statement

question 67

Multiple Choice

What error in reasoning is exemplified by the following statement?
Both omy roommates drink at least three cans osoda every day and neither othem is overweight, so all those studies that link soda consumption to obesity must be wrong.

• A) circular reasoning
• B) hasty generalization
• C) invalid analogy
• D) false cause
• E) bandwagon

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Definitions:

Net Income

The amount of money left after all expenses, taxes, and deductions have been subtracted from total revenue.

CVP Analysis

Cost-Volume-Profit Analysis, a method used in managerial accounting to understand the impact of varying levels of costs and volume on operating profit.

Variable Cost

Expenses that vary directly with the amount of products or services a company generates.

Fixed Costs

Costs that remain constant regardless of a company's level of activity, including expenses like rent, salaries, and insurance.