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Verdich [7]
2 years ago
15

When asked to guess whether Mark is from Montana or California, you guess California because more people live in California. You

have used __________ in making your decision.
Social Studies
1 answer:
zmey [24]2 years ago
7 0

When asked to guess whether Mark is from Montana or California, you guess California because more people live in California. You have used "base rate information" in making your decision.

<h3>What is Base Rate in Psychology?</h3>

Base rate is the frequency of a phenomenon that naturally occurs in a population. Using base rate information, rational decisions are made taking into account the general occurrence in a larger population in favour of the specific incidence in a particular case.

Effects of base rate information are-

  • Base rate fallacy, as used in behavioural finance, is the propensity for people to incorrectly assess the likelihood of a situation by ignoring all pertinent information.
  • Investors may instead place a greater emphasis on recent information without taking into account how this affects their initial hypotheses.

To know more about the characteristics of an annual percentage rate, here

brainly.com/question/11686424

#SPJ4

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Intellectual property rights and the opportunity to profit from their ideas gives creators __________.
katrin2010 [14]
I think that the best answer is "c. an incentive to bring their ideas to market" - you can see that through the statement of "<span>the opportunity to profit from their ideas"- an opportunity to profit is an incentive to work and in the case of the creators - to bring their ideas to market.

However, an opportunity to profit is not a guarantee that one will profit - so for example option a) is wrong. </span>
3 0
3 years ago
How did Battle of Tippecanoe contribute to the War of 1812?
hram777 [196]
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6 0
3 years ago
Read 2 more answers
The success of a family can be measured by how well they adapt to these challenges and transition into each stage of the _______
nikdorinn [45]

Answer:

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Explanation:

Family life cycle

The family life cycle is a progression of stages through which a family may sit back. Average arranges in family improvement incorporate the times of a solitary youthful grown-up, a recently hitched couple, a family with small kids, a family with young people, propelling the kids, and a family in later life

5 0
3 years ago
The Securities and Exchange Commission requires virtually all new public issues of corporate securities to be registered. As par
Ilya [14]

Answer: Registration Statement.

Explanation: "The Registration Statement" is a set of documents which a corporation willing to sell securities (issuer) must file with the Security Exchange Commission before such securities can be offered to the public. The registration statement filed with the security exchange commission must include:

1) Description of the corporation

2) History of the corporation's operation.

3) Brief biography of the directors and officers of the corporation.

4) Financial statement of previous years.

5) Financial stake of all directors and people in charge of the corporation as well as names of shareholders who hold more than 10% of the corporation's securities.

6) The type of securities offered to the public and how the revenue from sale of such security will be spent.

7) History of legal proceedings that may have significant impact on the company.

4 0
3 years ago
A tax on imported goods​
zloy xaker [14]

Answer: A tariff

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3 0
3 years ago
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