Answer:
All of these answers is correct.
Explanation:
Answer:
A) It states a response followed by a reward is more likely to recur in the future.
Explanation:
E.L. Thorndike stated in 1898 that the Law of Effect in psychology is a behavioural term used to describe the attitude of humans towards positive responses. The Law of Effect states that the responses that produce a satisfying effect to a particular situation become more likely to occur again in that situation and responses that produce a discomforting effect become less likely to occur again in that situation. This thus explains the situation when man's senses are programmed to positivity especially when it involves satisfaction. It also means that when a positive thing occurs, there is a strong possibility that it will occur again.
You must look first for the probability of the 4 prizes
which are $500, $100, $25, and no prize.
P ($500 prize) = 1/100 or 0.01
P ($100 prize) = 2/100 or 0.02
P ($25 prize) = 4/100 or 0.04
P (No prize) = 100/100 – 1+2+4/100 =93/100 .93
Expected gain or loss is computed by: (P(x)* n)
E= (500-10)*.01 + (100-10)*0.02 + (25-10)* 0.04 + (-10)*.93
= 4.90 + 1.80 + 0.6 – 9.3
E = -2
There is a loss of $2.
Answer:
The journal entry for the issuance of the bond is shown below:
Explanation:
The entry to be posted on Jan 1
Cash A/c..............................................Dr $76,180
Premium on bonds payable A/c........Cr $6,180
Bonds Payable A/c..................................Cr $70,000
As bonds issued, so cash is increasing and any increase in cash is debited. Therefore, the cash account is debited. But the bonds issued at a premium so the premium on the bonds payable will be credited. And bonds payable account is credited.
Organization and creativity
