Participants in a Study About Decision Making Considered Two Different

question 52

Multiple Choice

Participants in a study about decision making considered two different ways of resolving a dispute with a neighbor. In one solution, the participant received $600, and the neighbor received $800. In the other solution, the participant and the neighbor each got $500. When participants compared the two possible solutions, which option did they prefer?

• A)They preferred the option that gave them $600 and the neighbor $800.
• B)They preferred the option that gave the neighbor and themselves $500 each.
• C)There was no difference in the frequency with which each option was chosen.
• D)The majority of participants turned down both options.

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Definitions:

Frequency Distribution

A statistical representation showing the number of instances in which a variable takes each of its possible values.

Linear Regression Line

A line that approximates the points on a scatterplot which can be used to show a trend and make predictions; also called a line of best fit or least squares line.

Scatterplot

A graph that shows the relationship of bivariate data using points on the coordinate grid.

Percentile Rank

Percentile Rank represents the percentage of scores in a distribution that a specific score is higher than or equal to, used to compare individual performance within a group.