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Easy Credit Can Start or Intensify a Housing Bubble

question 29

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Easy credit can start or intensify a housing bubble.

Recognize shaping as a method for teaching new behaviors and skills incrementally.
Distinguish between operant and respondent (classical) conditioning.
Understand the role of punishment in decreasing undesired behaviors and contrast it with reinforcement.
Recognize the importance of immediate reinforcement in learning and behavior modification.

Definitions:

Standard Deviation

A statistic that measures the dispersion or variability of a set of data points relative to its mean.

Normal Distribution

A bell-shaped frequency distribution curve where most of the occurrences take place near the mean and fewer and fewer occur as one moves away from the mean.

Symmetric

Characterizing shapes or distributions that are mirrored equally around a central point, line, or axis.

Bell-Shape

Describing the graphical shape of a normal distribution curve, which is symmetrical and centered around the mean, tapering off on each side.

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