<u>C.</u> Satisficer
<h3><u>What is a satisficer?</u></h3>
A decision-making method called satisficing aims for a satisfactory or adequate outcome rather than the best one. Satisficing concentrates on practical effort when faced with tasks rather than exerting maximal effort to achieve the ideal result. This is due to the possibility that pursuing the ideal outcome will result in an unnecessary drain on time, effort, and resources. In order to achieve the first feasible solution that yields minimally acceptable results, the satisficing strategy can involve taking a minimalistic approach. Satisficing reduces the range of options that are taken into account to obtain those objectives, eliminating alternatives that would necessitate more demanding, complicated, or impractical efforts in an effort to produce more ideal outcomes.
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The type of communication illustrated is A) intrapersonal
Answer:
1. 0.06
2. 0.38
3. 0.52
4. 0.06
Explanation:
1) Both decline = P1(D) × P2(D)
= 0.2 × 0.3
= 0.06
(stock 1 declines and stock 2 declines)
2) Exactly one rises:
= P1(R) × [P2(U) + P2(D)] + P2(R) × [P1(U) + P1(D)]
= 0.2 × [0.4+ 0.3] + 0.3 × [0.6 + 0.2]
= 0.14 + 0.24
= 0.38
(stock 1 rises and {stock 2 declines or remains unchanged})
or (stock 2 rises and {stock 1 declines or remains unchanged})
3) Exactly one unchanged:
= P1(U) × [P2(R) + P2(D)] + P2(U) × [P1(R) + P1(D)]
= 0.6 × [0.3 + 0.3] + 0.4 × [0.2 + 0.2]
= 0.36 + 0.16
= 0.52
4) Both rise = P1(R) × P2(R)
= 0.2 × 0.3
= 0.06
