Examlex

Solved

Homeowners Who Recently Bought Their Houses from a Local Developer

question 26

Multiple Choice

Homeowners who recently bought their houses from a local developer allege that 30% of the houses this developer constructs have some major defect that will require substantial repairs.To test this allegation, we randomly sample 20 houses constructed by the developer and find that two of the homes do, indeed, have some major defect.If the allegation is correct, what is the probability of observing at most two defective homes out of a random sample of 20?


Definitions:

Fundamental Attribution Error

The tendency to overemphasize personality-based explanations for behaviors observed in others while underemphasizing the role of situational factors.

Role-Playing

The act of imitating the character and behaviors of someone else, often as a learning tool or form of entertainment.

Dispositional Attribution

The process of attributing behavior to internal factors, such as personality traits, beliefs, or emotions, rather than external situational forces.

Cognitive Dissonance

Psychological discomfort experienced by an individual who holds contradictory beliefs, ideas, or values simultaneously.

Related Questions