Two Groups of Participants Are Given a Math Test in Which

question 79

Multiple Choice

Two groups of participants are given a math test in which they are told that it takes two pounds of meat to feed one man dinner. They are asked how many pounds they will need to feed seven men. Participants in the first group all try to answer the question, while participants in the second group begin arguing that two pounds of meat is too much for one man. Chances are that __________.

• A) participants in the second group do not understand basic math
• B) participants in the first group have had formal Western schooling but subjects in the second group have not
• C) participants in the second group have had formal Western schooling but subjects in the first group have not
• D) participants in the second group are trying to make the tester angry

---

Definitions:

Economically Equivalent

Economically equivalent means having the same financial value or cost, despite possibly differing in form or method.

Missing Value

An absent or unrecorded piece of data in a dataset or equation.

Scheduled Payments

Regular fixed payments made over a period according to a repayment plan, typically for loans or mortgages.

Time Value

The idea that having money now is more valuable than having the same sum later because of the possible earnings it can generate over time.