The individual is being Ethnocentric.
Ethnocentrism, whether conscious or unconscious, is a term that applies to cultural or ethnic bias, where individuals see the world from the perspective of their own group and establish their own group as a prototype. And evaluate all other groups in relation to that ideal.
People with ethnocentrism judge other cultures by comparing them with their immediate culture. Ethnocentrism Americans may overlook the unique charm of any city in the world compared to New York City. If you use the standards of your own culture to judge another culture, you are ethnocentric.
"Ethnocentrism" is a commonly used word in circles where ethnicity, interethnic relationships, and similar intergroup issues are important. The usual definition of this term is "think your group is better than the other" or "decide that the other group is inferior to your group".
Learn more about Ethnocentric here: brainly.com/question/4458198
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Delivering all the check all
together is a classic example of Bundling. It is a marketing strategy that
joins products or services together in order to sell them as a single combined
unit this allows the convenient purchase of several products and/or services
from one company. The services and products are practically related, but they
can also be of dissimilar products which appeal to one group of customers.
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Answer:
= 18.7%
Explanation:
<em>A portfolio is a collection of assets/ investment. The return on a portfolio is the weighted average of all the return of the individual assets weighted according to the percentage of total funds allocated to each assets.</em>
Expected return on portfolio:
E(R) =( Wa*Ra) + (Wb*Rb)
Wa = 56% , Wb = 100-56 = 44%
Ra = 12%, Rb = 24%
E(R) = (0.56*24%) + (0.44× 12%)
= 18.7%
In this problem we are given the mean of $1100, SD of $150 and x equal to $900. In this case, we need to use the z-score table to answer the problem:
z = (x-mean)/sd
z = (900-1100)/150
z = -1.33
from z-table, the probability at the left of z= -1.33 is equal to 9.18%
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