The First Time Mark Flew Rover Airlines, He Had a Terrible

question 8

Multiple Choice

The first time Mark flew Rover Airlines, he had a terrible customer service experience.Thus, he was very surprised that his next two flights were quite average in terms of service.Mark's is experiencing what bias?

• A)The law of large numbers
• B)The gambler's fallacy
• C)The base rate effect
• D)Regression to the mean
• E)None of the above are correct.

---

Definitions:

Labor Unions

Organizations formed by workers from related fields that work for the mutual benefit of its members to negotiate wages, working conditions, benefits, and other employment terms with employers.

Productivity Increases

Improvements in the efficiency of producing goods or services, leading to higher output from the same or lesser inputs.

Labor Force

The total number of people, including both the employed and unemployed, who are actively looking for work in an economy.

National Income

The total amount of money earned within a country from the production of goods and services over a specific period, typically one year.