Which of the Following Best Defines the Term 'Herding Effect

question 12

Multiple Choice

Which of the following best defines the term 'herding effect'?

• A)To expend just enough effort to make a decision that's acceptable,but not necessarily the one that's 'best'.
• B)To ignore most of the available information and instead notice a few salient cues to make a choice.
• C)To change beliefs or actions as a reaction to real or imagined group pressure.
• D)To repay debts and favors.
• E)To jump on the bandwagon and follow the behavior of others.

---

Definitions:

Mathematical Expression

A combination of numbers, operators, and sometimes variables that represents a mathematical relationship or value.

Exponentiation

A process of multiplying a number by itself a specified number of times, indicated by the exponent.

Percentage Difference

A measure of the relative difference between two values, expressed as a percentage.

Mathematical Calculation

The process of solving a mathematical problem by using arithmetic operations and algorithms.