In the book demonstration where you lose 10 or you lose a theater ...

[cabate]

In the book demonstration where you lose 10 or you lose a theater ticket, and are faced with the dilemma of whether to purchase a second ticket or not, people who lose the ticket will be _______ likely to purchase the ticket, because of _______.
 
  a) more; psychological accounting
   b) more; expected utility
   c) less; psychological accounting
   d) less; expected utility

Question 2

When people estimate confidence intervals, they tend to provide intervals that are too ____, thus showing ____.
 
  a) narrow; underconfidence
   b) narrow; overconfidence
   c) wide; underconfidence
   d) wide; overconfidence

[srodz]

Answer to Question 1

Answer: c

Answer to Question 2

Answer: b

[cabate]

Thanks for the timely response, appreciate it

[upturnedfurball]

Excellent