Statistical Discrimination Is When You Take Action To

question 6

Multiple Choice

Statistical discrimination is when you take action to:

• A) reveal private information about someone else.
• B) reveal one's own private information.
• C) find out the opportunity cost of acquiring more information.
• D) fill gaps in your information by generalizing based on observable characteristics.

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Definitions:

Self-Reference Effect

A phenomenon in cognitive psychology where information related to oneself is more easily remembered than unrelated information.

Memory

The cognitive process whereby information is encoded, stored, and retrieved, enabling past experiences to influence future behavior.

Conniving

Acting in a scheming or deceitful way, often with the intention to achieve an end through trickery or manipulation.

Associating

The process of connecting thoughts, feelings, or ideas together in the mind or in relationships with others.