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Consider the following to answer the question(s) below:
During its grand opening week, Stickler's bicycle shop offers a "wheel of discount savings." After customers select the items they wish to purchase, they spin the wheel to determine the discount they will receive. The wheel is divided into 12 slices. Six slices are red and award a 10% discount, three slices are white and award a 20% discount, and two slices are blue and award a 40% discount. The remaining slice is gold and awards a 100% discount!
-The probability that a customer gets a 10% or 20% discount is
Self-monitoring
The process of observing and regulating one's own behavior in social situations to fit social norms or expectations.
False Consensus
The cognitive bias of overestimating how much others share our beliefs, attitudes, and behaviors.
Narcissistic
Pertaining to, exhibiting, or characterized by narcissism, which is excessive self-focus, self-admiration, and a lack of empathy for others.
Self-esteem
The degree to which a person values themselves or feels worthy, which impacts their motivation and psychological well-being.
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