Answer:
The correct answer is Escalation of commitment bias.
Explanation:
Commitment bias is the tendency to use a loss (of time or money) as an excuse to increase that loss.
Let's see an example. We pay a cinema ticket to see a movie and after twenty minutes we understand that it is unbearable; Now, since we have already paid, we decided to see it to the end. Curiously, in that decision we will not only have lost money, we will also have wasted time seeing something that has ceased to interest us from the beginning. The curious thing is that this bias is present in many areas of life. We can see it in those couples who stay together without anyone fully understanding why. It is as if so much time “invested” in the couple comes before the fact that they get along badly (and worse and worse). The same with a job, with a friend or with the study.
Answer: d. survey data from the local community.
Explanation:
In deciding the case the Judge there are methods to use such as cases from other jurisdictions ( as this is a case of first impression), the values of their society and its customs, as well as Public policy.
One thing that should not be used in survey data from the local community. People will always have opinions on a matter of law and a lot of the time this is based on what they feel not what is legal. This is why juries do not just and sentences down immediately, they wait until they have been presented with legal arguments so they may be wiser legally.
Survey data has a very high chance of being devoid of this knowledge and also will be biased. It is best the Judge avoids such.
Answer:
True
Explanation:
Project scope deals with the specific requirements or tasks necessary to complete the project. Scope is important to manage on any project, because if you can’t control the scope of the project, you’re not likely to deliver it on time. Also should the scope get widened it will result in time taken to complete the project.
Every project is faced with the triple constraint, which are the time, scope and cost.
Kindly see the attached for further clarity
Answer:
The reimbursement of medical expenses to a taxpayer is not considered as an income or taxable by the IRS.
If the taxpayer had previously deducted the expense and it resulted in tax savings, the reimbursement of a medical expense by insurance would be taxable. More so, there would have been no tax benefit if either the taxpayer had claimed the standard deduction, or if the floor for the medical deduction exceeded the medical expenses.
Answer:
A) if I flip the coin many, many times, the proportion of heads will be approximately 1/2, and this proportion will tend to
get closer and closer to 1/2 as the number of tosses increases.
Explanation:
Probability is described as the likelihood of an event happening. It is expressed in numerical fractions between zero and one. Zero means near certainty that the event will not occur while one is a guarantee that the event is happening.
A probability of 1/2 signifies a 50 percent chance. In a coin toss, 1/2 probability means the coins have 50 chance of landing on either tail or head. A coin has only two sides. Each ill toss presents a head or tail. The more tosses one makes, the proposition of heads to tail get closer 1/2. Very many tosses will give show 1/2 to either tails or head.