Participants in a Study of Decision Making Considered Two Different

question 51

Multiple Choice

Participants in a study of 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 the options were chosen.
• D) The majority of participants turned down both options.

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Definitions:

Variance

A measure of the variability of scores about a mean; the mean of the sum of squared deviations of scores from the group mean.

Regression Equation

A mathematical representation of the relationship between a dependent variable and one or more independent variables.

Constant

A value that does not change in mathematical expressions or scientific experiments, contrasted with variables which can vary.

Slope

A measure of the steepness or incline of a line, representing the rate of change of a variable.