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Claude and Marie are excited because they have just bought a restaurant from the previous owners. ...

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Claude and Marie are excited because they have just bought a restaurant from the previous owners. ...

Claude and Marie are excited because they have just bought a restaurant from the previous owners. The two partners know that the last seven restaurants that have been operated at that location have gone bankrupt within a year of their openings, but Claude and Marie are certain their restaurant will be successful because they plan on working hard to be a success. What are the two new business partners doing in this case?

▸ supporting the gambler's fallacy

▸ demonstrating the confirmation bias

▸ ignoring base rates

▸ showing belief perseverance

Textbook

Psychology: Themes and Variations

Edition: 5^th

Authors: Weiten, McCann

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gangleaderyayae

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More solutions for this book are available here

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Justin1218 Author

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3 years ago

Smart ... Thanks!

Holly72492

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Yesterday

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momochiime

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I appreciate what you did here, answered it right Smiling Face with Open Mouth

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