An Automatic Teller Machine Requires That Each Customer Enter a Five-Digit

question 169

Multiple Choice

An automatic teller machine requires that each customer enter a five-digit personal identification number (PIN) when he or she inserts a bank card. If a person finds a bank card and guesses at a PIN to use the card fraudulently, and the person knows that the PIN will not have any digit repeated, what is the probability the person will succeed in guessing in one attempt? ​

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Definitions:

Mere Exposure Effect

The mental effect where individuals start favoring items simply because they have become acquainted with them.

Balance Theory

A psychological theory suggesting that individuals strive for consistency and balance in their relationships and beliefs within a triad of entities (P-O-X model).

Attitudes

A learned tendency to evaluate things in a certain way, which can include evaluations of people, issues, objects, or events.

Subjective Norms

Individual beliefs about how people they care about will view their behavior in a given context.