Question
The propensity of a decision maker to be influenced by
the manner in which the information is presented to him/her is known as ________Solution
Framing effect is an example of cognitive bias, in which people react to a particular choice in different ways depending on how it is presented. For example, a salesperson promoting a product would much rather claim ‘85% of customers were satisfied with the product’ than admit ‘15% of customers were dissatisfied’. But the two statistics actually convey the same information.
The next figure is
A shopkeeper offers discount 50% + 50% on a shirt of M.R.P ₹ 800, find the selling price of the shirt.
Hot air balloon rises up because
Box A has 10 g of gold and box B has 10 g of copper. 1 g of the material in B is added to A and mixed and 1 g of the resulting material in A is added to...
The sum of three different natural numbers is equal to their product. The sum of their squares is
If the square root of the product of two numbers equals their average, then
Match List I with List II
Choose the correct answer f...
Inland water transport does not take place in the rivers of
Special status is given to jammu and Kashmir vide:
Study the adjoining picture and answer the following questio...