Suppose 600 cancer patients have identical diagnoses.The patients are separated into two groups of 300 and asked the following questions regarding a potentially beneficial radiation therapy treatment.
The first group was given the following statement and then asked the following question: "Statistically,950 out of every 1,000 cancer patients survive more than two years following the radiation treatment.Would you be willing to undergo the radiation treatment?"
The second group was given the following statement and then asked the following question: "Statistically,50 out of every 1,000 cancer patients die within the two years following the radiation treatment.Would you be willing to undergo the radiation treatment?"
Suppose that 78% of the patients in the first group answered yes and that 31% of the patients in the second group answered yes.Because the first statement that was given to both groups essentially states the same statistical fact in a different way,the significant difference in the answers recorded for each group is likely an example of a ________ effect in decision-making.
A) placebo
B) Taylorian
C) utilitarian
D) wording
E) framing
Correct Answer:
Verified
Q24: Consider the following scenario to answer the
Q27: Suppose 500 residents of a dormitory are
Q28: In behavioral economics,the status quo bias is
Q30: Suppose 1,000 students were split into two
Q31: Suppose 8,000 residents at an apartment complex
Q32: Mario knows that,over the long run,it is
Q46: Suppose 1,000 college students are separated into
Q59: Consider the following scenario when answering the
Q63: Consider the following scenario when answering the
Q76: The _ is a cognitive bias that
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents