Answer:
confirmation bias
Explanation:
Confirmation bias is the tendency to search for, interpret, favor, and recall information in a way that confirms or strengthens one's prior personal beliefs or hypotheses. It is a type of cognitive bias.
To choose the two best, we have a target of two candidates, A & B
The first one chosen is either A or B, with a propability of 2/5.
The second one is the only interested candidate out of 4, so 1/4.
So probability of choosing the best two is 2/5*1/4=1/10.
Alternatively, use the combination formula,
P(AB in any order) = 5!/(2!3!)=120/(2*6)=1/10
or in general,
n choose r = nCr = n!/(r!(n-r)!)
Answer:
6 percent.
Explanation:
To solve this question, we will take help of the Fisher equation,
Therefore,
(Spot rate/Forward rate) = (interest rate in US/Interest rate in Canada),
(1/1.2) = (0.05/x), Now solving for 'x'.
There fore,
x = (1.2 * 0.05) / 1
x = 0.06.
Hope this clear things up
Thankyou.
Answer:
Tell them what you stand for and what you have done. Tell them what you want to do.
Explanation:
The effective interest rate is greater by 0.72 percentage points as compared to the nominal interest rates.
Computation:
Given,
Nominal Interest rate =11.85%
compounding period = weekly, that is 52.
The formula of the effective interest rate will be used:
Now, the difference of the effective interest rate and nominal interest rate will be determined to know the exceeding percentage:
Therefore, option a. 0.72 percentage points is correct.
To know more about the effective interest rates, refer to the link:
brainly.com/question/14270693
