In the 1950s, George Miller Estimated the Number of Items

question 35

Multiple Choice

In the 1950s, George Miller estimated the number of items that could be stored in short-term memory to be the magic number __________.

• A) 5, plus or minus 4
• B) 7, plus or minus 2
• C) 9, plus or minus 3
• D) 11, plus or minus 1

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Definitions:

Retained Earnings

The portion of net income left over for the company after it has paid out dividends to its shareholders.

Common Stock

Common stock represents ownership shares in a corporation, providing voting rights and entitling the shareholder to a portion of the company’s profits in the form of dividends.

Dividends in Arrears

Dividends on cumulative preferred stock that have not been paid in prior years.

Cumulative

Describes items or amounts that increase over time through successive additions, often used in the context of dividends that are accrued if not paid in a given period.