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Determine the Appropriate Probability Rule to Use
-390 voters are classified by income and political party. The results are shown in the table. If a person is selected at random from the sample, find the probability that the person has medium income or votes Democrat.
Fashion Acceptance Cycle
The process through which new fashion trends are introduced, rise in popularity, peak, and eventually decline.
Overjustification Effect
A phenomenon in which being rewarded for doing an activity decreases a person's intrinsic motivation to perform that activity because the external reward overrides internal interest.
Delay Gratification
The ability to resist the temptation for an immediate reward and wait for a later reward.
Externality Hypothesis
A theory suggesting that individuals attribute their own behavior to external factors and circumstances beyond their control.
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