Which of the Following Statements Is Illustrative of the Post

question 117

Multiple Choice

Which of the following statements is illustrative of the post hoc fallacy?

• A)Believing that because someone is specially trained,he or she is more likely to become a professional athlete
• B)Believing that because someone has benefitted from the best coaching,he or she will have a good chance of becoming a professional athlete
• C)Believing that because someone is muscular in body type,he or she is more likely to become a professional athlete
• D)Believing that because most professional athletes lift weights,weightlifting produces professional athletes

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Definitions:

ROE

Return on Equity is a measure of financial performance calculated by dividing net income by shareholders' equity, indicating how well a company utilizes investments to generate earnings growth.

Current Ratio

The Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year, by comparing a company's current assets to its current liabilities.

Inventories

Assets consisting of goods available for sale to customers in the ordinary course of business.

Common Stock

A form of corporate equity ownership, a type of security representing ownership interests in a corporation.