Which of the Following Is True of Stimulus

question 57

Multiple Choice

Which of the following is true of stimulus?

• A) It refers to subconscious filters that shield people from unwanted messages.
• B) It is a way of calculating the success of a business.
• C) It may originate within our bodies or from outside our bodies.
• D) It governs the way we discern raw sensory information and translate it into action.
• E) It must occur every time customers use a product.

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Definitions:

Prior Probabilities

Probabilities that are known or assumed before new evidence is introduced, often used in Bayesian inference to update the probability based on new data.

Likelihood Probabilities

The probabilities that reflect the likelihood of different parameter values given a sample of data, used in statistical models and inference.

Expected Value

The sum of all possible values each multiplied by its probability of occurrence, used to determine the average outcome of a random variable.

Perfect Information

refers to a theoretical condition in economics where all participants have complete and accurate information about the market.