A Boat Is Able to Move Through Still Water at 20

question 2

Multiple Choice

A boat is able to move through still water at 20 m/s.It makes a round trip to a town 3.0 km upstream.If the river flows at 5 m/s, the time required for this round trip is:

• A)120 s
• B)150 s
• C)200 s
• D)300 s
• E)320 s

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Definitions:

Law of Small Numbers

A cognitive bias that leads people to make unjustified conclusions based on limited data.

Risks

The potential for losing something of value, or the uncertainty regarding the outcome of an action or decision.

Probability

The likelihood or chance of an event occurring, often expressed as a number between 0 and 1.

Small-Numbers Bias

A situation in markets where the fewness of buyers or sellers can significantly impact the negotiation power and market outcomes.