Gamblers fallacy is - Study guides, Class notes & Summaries
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WPC 300 QUIZZES TOGETHER COMPLETELY SOLVED!!!
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QUIZ ONE - ANSWER 
 
Gamblers' fallacy is ______________ 
Framing effect bias 
A Zero risk bias 
A clustering illusion 
An endowment effect bias - ANSWER A clustering illusion 
 
When you keep eating the food you don't like precisely because you already bought the food, you are committing _______________ 
Endowment effect bias 
Sunk-cost fallacy 
Zero risk bias 
Availability heuristics bias - ANSWER Sunk-cost fallacy 
 
________ refers to a bias that causes an individual to value an owned obj...
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WPC 300 final Questions and answers 2024/2025
- Exam (elaborations) • 12 pages • 2024
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WPC 300 final Questions and answers 
2024/2025 
QUIZ ONE - CORRECT ANSWERGamblers' fallacy is ______________ 
Framing effect bias 
A Zero risk bias 
A clustering illusion 
An endowment effect bias - CORRECT ANSWER-A clustering illusion 
When you keep eating the food you don't like precisely because you already bought the 
food, you are committing _______________ 
Endowment effect bias 
Sunk-cost fallacy 
Zero risk bias 
Availability heuristics bias - CORRECT ANSWER-Sunk-cost fallacy 
______...
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WPC 300 QUIZZES TOGETHER LATEST UPDATE GRADED A+
- Exam (elaborations) • 28 pages • 2024
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WPC 300 QUIZZES TOGETHER LATEST 
 
UPDATE GRADED A+ 
 
QUIZ ONE 
 
Gamblers' fallacy is ______________ 
Framing effect bias 
A Zero risk bias 
A clustering illusion 
An endowment effect bias A clustering illusion 
 
When you keep eating the food you don't like precisely because you already bought the food, 
you are committing _______________ 
Endowment effect bias 
Sunk-cost fallacy 
Zero risk bias 
 
Availability heuristics bias Sunk-cost fallacy 
 
________ refers to a bias that causes an i...
-
WPC 300 QUIZZES TOGETHER Questions & Correct Answers | Latest Update |Already Graded A+WPC 300 QUIZZES TOGETHER Questions & Correct Answers | Latest Update |Already Graded A+
- Exam (elaborations) • 25 pages • 2024
- Available in package deal
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- $11.49
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QUIZ ONE 
Gamblers' fallacy is ______________ 
Framing effect bias 
A Zero risk bias 
A clustering illusion 
An endowment effect bias 
: A clustering illusion 
When you keep eating the food you don't like precisely because you already bought the 
food, you are committing _______________ 
Endowment effect bias 
Sunk-cost fallacy 
Zero risk bias 
Availability heuristics bias 
: Sunk-cost fallacy 
2 | P a g e 
________ refers to a bias that causes an individual to value an owned object higher 
...
-
WPC 300 QUIZZES TOGETHER LATEST UPDATE GRADED A+
- Exam (elaborations) • 28 pages • 2024
-
- $9.99
- + learn more
WPC 300 QUIZZES TOGETHER LATEST 
UPDATE GRADED A+ 
QUIZ ONE 
Gamblers' fallacy is ______________ 
Framing effect bias 
A Zero risk bias 
A clustering illusion 
An endowment effect bias A clustering illusion 
When you keep eating the food you don't like precisely because you already bought the food, 
you are committing _______________ 
Endowment effect bias 
Sunk-cost fallacy 
Zero risk bias 
Availability heuristics bias Sunk-cost fallacy 
________ refers to a bias that causes an individual to...
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WPC 300 Exam Questions with Correct Answers
- Exam (elaborations) • 12 pages • 2024
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Gamblers' fallacy is ______________ 
Framing effect bias 
A Zero risk bias 
A clustering illusion 
An endowment effect bias - Answer-A clustering illusion 
 
When you keep eating the food you don't like precisely because you already bought the food, you are committing _______________ 
Endowment effect bias 
Sunk-cost fallacy 
Zero risk bias 
Availability heuristics bias - Answer-Sunk-cost fallacy 
 
________ refers to a bias that causes an individual to value an owned object higher than it...
-
WPC 300 final Questions and answers 2024/2025
- Exam (elaborations) • 12 pages • 2024
- Available in package deal
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- $14.49
- + learn more
WPC 300 final Questions and answers 
2024/2025 
QUIZ ONE - CORRECT ANSWERGamblers' fallacy is ______________ 
Framing effect bias 
A Zero risk bias 
A clustering illusion 
An endowment effect bias - CORRECT ANSWER-A clustering illusion 
When you keep eating the food you don't like precisely because you already bought the 
food, you are committing _______________ 
Endowment effect bias 
Sunk-cost fallacy 
Zero risk bias 
Availability heuristics bias - CORRECT ANSWER-Sunk-cost fallacy 
______...
-
WPC 300 ALL QUIZZES || All Questions & Answers (100% Correct)
- Exam (elaborations) • 13 pages • 2024
- Available in package deal
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- $11.99
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WPC 300 ALL QUIZZES || All Questions & Answers (100% Correct) 
WPC 300 ALL QUIZZES || All Questions & Answers (100% Correct) 
 
QUIZ 1 
 
Gamblers' fallacy is ______________ 
Framing effect bias 
A Zero risk bias 
A clustering illusion 
An endowment effect bias - ANSWER - A clustering illusion 
 
When you keep eating the food you don't like precisely because you already bought the food, you are committing _______________ 
Endowment effect bias 
Sunk-cost fallacy 
Zero risk bias 
Availability ...
-
WPC 300 Exam 1 Complete Questions & Solutions(GRADED A)
- Exam (elaborations) • 4 pages • 2024
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Anchoring bias - ANSWER Over-reliant on the first piece of information is called 
 
Gamblers' fallacy is ____________. - ANSWER a clustering illusion 
 
Which of the following is an example of secondary data? - ANSWER Firm's proprietary data 
 
In an agile approach of analytics what is the first step of the process? - ANSWER perform business discovery 
 
Predictive analytics may be applied to __________, which is a set of techniques that use descriptive data and forecasts to identify the decis...
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WPC 300 final Questions and answers 2024/2025
- Exam (elaborations) • 12 pages • 2024
- Available in package deal
-
- $13.99
- + learn more
WPC 300 final Questions and answers 
2024/2025 
QUIZ ONE - CORRECT ANSWERGamblers' fallacy is ______________ 
Framing effect bias 
A Zero risk bias 
A clustering illusion 
An endowment effect bias - CORRECT ANSWER-A clustering illusion 
When you keep eating the food you don't like precisely because you already bought the 
food, you are committing _______________ 
Endowment effect bias 
Sunk-cost fallacy 
Zero risk bias 
Availability heuristics bias - CORRECT ANSWER-Sunk-cost fallacy 
______...
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