Max Sandlin Is Exploring the Characteristics of Stock Market Investors $\cup$

question 24

Multiple Choice

Max Sandlin is exploring the characteristics of stock market investors. He found that sixty percent of all investors have a net worth exceeding $1,000,000; 20% of all investors use an online brokerage; and 10% of all investors a have net worth exceeding $1,000,000 and use an online brokerage. An investor is selected randomly,and E is the event "net worth exceeds $1,000,000" and O is the event "uses an online brokerage." P(O $\cup$ E) = _____________.

• A) 0.17
• B) 0.50
• C) 0.80
• D) 0.70
• E) 0.10

---

Definitions:

Binding Problem

The problem confronted by the brain of recombining the elements of a stimulus, given the fact that these elements are initially analyzed separately by different neural systems.

Distance Cues

These are visual or auditory indicators that help an individual perceive how far away an object or sound is.

Invariant Relationship

A consistent, unchanging relationship or pattern under a particular set of conditions.

Distance Cue

Visual indicators that allow the perception of depth or distance, such as overlapping objects, size variation, and linear perspective.