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ioda
4 years ago
7

In kahneman and tversky's prospect theory, they hypothesized that people tend to _____ low-probability outcomes and _____ high-p

robability outcomes.
Mathematics
2 answers:
JulijaS [17]4 years ago
6 0

Answer:

Overweight low probability outcomes

UNderweight High probability outcomes.

Step-by-step explanation:

Amos Tversky and Daniel Kahneman proposed the prospect theory that aimed to explain and understand the behavior of individuals, giving them a sample of choices to take, when put in front to the different decisions that had to be made, people often valued chances that were 99% probable to happen with a 95 to 85% chance, meaning that the didn´t give enough credit to the number and probabilities, and when facing risks of 1% probability of happening, they outweigh them with a 5 to 15 %.

Anna [14]4 years ago
5 0
People tend to overweight low-probability outcomes and underweight high-probability outcomes.
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Answer:

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Step-by-step explanation:

Given

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3(x² + \frac{2\sqrt{5} }{3} x ) = 5

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3(x + \frac{\sqrt{5} }{3} )² = \frac{20}{3} ( divide both sides by 3 )

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x + \frac{\sqrt{5} }{3} = ± \sqrt{\frac{20}{9} } = ± \frac{2\sqrt{5} }{3} ( subtract \frac{\sqrt{5} }{3} from both sides )

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Thus

x = - \frac{\sqrt{5} }{3} - \frac{2\sqrt{5} }{3} = - \frac{\sqrt{5} }{3}

x = - \frac{\sqrt{5} }{3} +\frac{2\sqrt{5} }{3} = \frac{\sqrt{5} }{3}

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