The Dot-Com Bust of the Late 1990's/early 2000's and the Financial

question 23

Multiple Choice

The dot-com bust of the late 1990's/early 2000's and the financial meltdown of 2008 are both examples of which process gone "awry" in a system?

• A)Deviation-counteracting feedback that prevented growth in both the internet and financial sectors so that both remained at homeostasis.
• B)Deviation-counteracting feedback that shrunk both the internet and financial sectors until they were too small,and therefore collapsed.
• C)Deviation-amplifying feedback that created growth in both the internet and financial sectors so that both remained at homeostasis.
• D)Deviation-amplifying feedback that created growth in both the internet and financial sectors until they were too big,and therefore collapsed.

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Definitions:

Analyzing Information

The process of examining data in order to extract useful insights, draw conclusions, and make informed decisions.

Descriptive Statistic

Statistical measures that describe the basic features of data in a study, providing simple summaries about the sample and measures.

Most Frequent

Refers to the mode, which is the value or category in a data set that appears with the highest frequency.

Inferential Statistics

A branch of statistics focused on drawing conclusions about a population based on a sample data set.