
Consumer Marketing just conducted a two-phase survey. In the first phase, the survey questions were worded such that the answers tended to sound positive. In the second phase, the survey questions were reworded so the answers tended to convey a negative feeling. Both sets of survey questions should have resulted in similar results as the information solicited was essentially identical. However, the survey results varied significantly. This survey best illustrates which one of the following?
A) Mental accounting
B) Overconfidence
C) Self-attribution bias
D) Confirmation bias
E) Frame dependence
Correct Answer:
Verified
Q1: Peter has successfully managed the finances of
Q2: Which one of the following refers to
Q3: Phyllis is planning for her retirement in
Q4: The tendency to sell winners and hold
Q5: The tendency for a decision maker to
Q7: Kate is attempting to sell her house
Q8: Ramon opened a combination laundry and dry
Q9: Anytime Ted analyzes a proposed project, he
Q10: Aivree wants to accumulate great wealth but
Q11: Steve purchased a stock last year for
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