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3 years ago

5

_______ bias occurs when someone uses information from the outcome of a decision, often a negative outcome, and retrospectively

realizes what they should have done.

1 answer:

Degger [83]3 years ago

8 0

Hindsight bias is when people view events more predictable than they really are.

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In one year, you meet 52 people who are each unemployed for one week and eight people who are each unemployed for the whole year

VARVARA [1.3K]

Long term unemployment is defined as being unemployed for 27 weeks or more. In this example there are a total of 60 people, 52 people who would be categorized as short term unemployment and 8 people who would be categorized as long term unemployment.

In order to calculate the percentage of unemployment in each category you will need to divide the number in each category by the total number.

Short term = 52/60 = 86.7%

Long term - 6/60 = 13.3%

4 0

3 years ago

Read 2 more answers

We can offer you a quality men's suit for under $200," the salesman says. the actual price is $199.99. this is an example of ___

DaniilM [7]

We can offer you a quality men's suit for under $200, the salesman says. The actual price is $199.99. This is an example of: Odd-even pricing.
Psychological pricing method based on the credit that certain prices ranges are more attractive to buyers.

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3 years ago

On September 30, World Co. borrowed $1,000,000 on a 9% note payable. World paid the first of four quarterly payments of $264,200

ludmilkaskok [199]

Answer:

c) $758,300

Explanation:

Amount of Loan = $1,000,000

Interest rate = 9% per year = 9% / 4 = 2.25% per quarter = 0.025

Interest amount = $1,000,000 x 2.25% = $22,500

First Quarter payment = $264,200

Principal Payment = First Quarter payment - Interest paid

Principal Payment = $264,200 - $22,500

Principal Payment = $241,700

Amount Due on December 31 = $1,000,000 - $241,270 = $758,300

6 0

4 years ago

Read 2 more answers

Crandle Corp. applies manufacturing overhead costs to products at a budgeted indirectminuscost rate of $ 100 per direct manufact

katen-ka-za [31]

Answer:

total product costs = $101750

Explanation:

given data

overhead costs = $ 100

Direct materials of $41,000

direct manufacturing labor = 450

per hour = $35

markup rate = 30 %

solution

we get here total product costs that is express as

total product costs = Direct materials + DML + MOH ..........1

total product costs = $41,000 + ( 450 × $35 ) + ( 450 × $100 )

total product costs = $41,000 + $15750 + $45000

total product costs = $101750

4 0

3 years ago

Select the correct answer.

SOVA2 [1]

B.............................

4 0

4 years ago

Read 2 more answers