Daniel Walked Directly to the Booth to Buy Movie Tickets

question 64

Multiple Choice

Daniel walked directly to the booth to buy movie tickets. He did not notice there was a line, so he was surprised when a woman told him off for being so rude. Daniel was a victim of:

• A) false decision making
• B) reverse stereotyping
• C) correspondence bias
• D) gender bias

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Definitions:

Probability Distribution

A statistical descriptor that comprehensively outlines all viable outcomes and their likelihoods for a random variable within a set boundary.

Expected Holding-Period Return

The total return anticipated on a bond if it is held until the end of its lifetime or holding period, including interest payments and capital gain or loss.

Probability Distribution

An analytical function that describes every probable value and its likelihood for a random variable over a predefined interval.

Stock of the Economy

The stock of the economy refers to the total value of all assets and investments available within an economy at a given time.