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SIZIF [17.4K]
3 years ago
15

In a recent meeting at​ work, Nick was asked to deliver the sales projections for the next month. Wanting to leave some room for

​ error, Nick stated he was 90 percent sure that they could meet the stated sales target for the following month. Nick is exhibiting​ ___________ bias.
A. confirmation
B. escalation of commitment
C. anchor
D. overconfidence
E. availability
Business
1 answer:
Savatey [412]3 years ago
6 0

Answer:

D. Over Confidence

Explanation:

Overconfidence bias occurs when an individual has more confidence than necessary given the fact. It is the tendency to hold a false and misleading assessments of our skills, intellect, or talent. It is an egoistic belief an individual expresses thinking he's better than he actually is. It's a false sense of their skill or self belief. Areas it's usually expressed is in timing optimism, like the one stated in the question, illusions of control and desirability effects.

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Suppose the price of a tie rises from $45 to $55. using the midpoint method, what is the percentage change in price?
Vinvika [58]
<span>By midpoint formula, the percentage change in the price of a tie = {( $55 - $45) / [($45 + $55)/2]} * 100 = (10/50) * 100 = 20 percent</span>
4 0
3 years ago
Brenda was planning a small dinner party and had gone to a new specialty food store with coupons she'd found in the food section
Softa [21]

Answer:

<em><u>In store promotion</u></em>

Explanation:

Brenda was planning a small dinner party and had gone to a new specialty food store with coupons he'd found in the food section of the paper. At the store she also found a buy one , get one free deal and a gift offered with the purchase of a particular dessert . She altered the menu as a  result of the <em><u>promotion in store</u></em> and ended up spending less than she'd planned.

Promotion in sale is good tactic used bu the sores to increase their sales . Store's promotion attract people and they intend or desire to buy the product.It always helps the customer to remove their dissatisfaction as they can even physical touch the product and can know about the quality of the product . It builds a strong connection between the seller and the buyer.  It helps i creating the brand loyalty . It helps in creating a good product image of the product in the mind of the the buyers.

5 0
3 years ago
Income is one factor used in determining whether or not a job is middle class, and the other is?
torisob [31]

Income is one factor used in determining whether or not a job is middle class, and the other is the nature of the work.

In the United States, 50% of people live in the middle class, according to the most recent Pew Research Center survey from 2021. This is a reflection of the middle class's longer-term downward trend over the previous five decades.

According to a recent Pew research, the majority of Americans were not middle class for the first time since at least the 1960s.

Just 50% of adult Americans in America lived in middle-class households in 2021, compared to 54% in 2001, 59% in 1981, and 61% in 1971.

Both the middle class's demographic share and its part of the income pie have been declining.

To learn more about Pew Research Center here

brainly.com/question/11363612

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5 0
2 years ago
A newly issued bond has a maturity of 10 years and pays a 7.7% coupon rate (with coupon payments coming once annually). The bond
Sliva [168]

The convexity of the bond is 61.810 and the duration of the bond is 7.330 years.                                                                                                      

<u>Explanation</u>:

  • A newly issued bond has a maturity of 10 years. It pays a 7.7% coupon rate. The coupon payments will receive each year. Using the coupon payments the year will be reduced.
  • The maturity year will get reduced. So the duration of the bond is approximately 7.330 years. If the bond is sold at par value the convexity can be calculated using the number of years.
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