Which of the Following Is the Best Example of a Precommitment

question 117

Multiple Choice

Which of the following is the best example of a precommitment used to overcome time inconsistency.

• A) Finding a running partner and setting a regular schedule of when you will run together.
• B) Deciding to save a percentage of each month's paycheck.
• C) Signing up for a free trial membership at the local gym.
• D) Buying an alarm clock.

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Definitions:

College Freshmen

Students in their first year of study at a college or university.

Random Sampling

A method in statistics for selecting a subset of individuals from a population in such a way that each individual has an equal chance of being selected.

Inductive Argument

Reasoning that moves from specific instances to a generalized conclusion, typically involving probability rather than certainty.

Premises

Statements or ideas that form the basis for a reasoned argument or the background against which an argument is formed.