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Compute Probabilities of Binomial Experiments
-A psychic network received telephone calls last year from over 1.5 million people. A recent article attempts to shed some light onto the credibility of the psychic network. One of the psychic network s psychics agreed to take part in the following experiment. Five different cards are shuffled, and one is chosen at random. The psychic will then try to identify which card was drawn without seeing it. Assume that the experiment was repeated 15 times and that the results of any two experiments are independent of one another. If we assume that the psychic is a fake (i.e., they are merely guessing at the cards and have no psychic powers) , find the probability that they guess at least three correctly.
Contrast Effects
The alteration of the perceived attractiveness or quality of an option when compared alongside others.
Perceptual Distortion
A psychological phenomenon where an individual's perception deviates from the reality, often influenced by biases or expectations.
Selective Perception
The process by which individuals perceive what they want in media messages while ignoring opposing viewpoints.
Self-Fulfilling Prophecy
A phenomenon where an individual's or group's expectation of an outcome causes the outcome to occur, reinforcing the original expectation.
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