question archive (Chapter 16): Suppose a television advertisement were to show viewers a product and then say You might expect to pay $25, $30, or even more for this product
(Chapter 16): Suppose a television advertisement were to show viewers a product and then say You might expect to pay $25, $30, or even more for this product
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(Chapter 16): Suppose a television advertisement were to show viewers a product and then say You might expect to pay $25, $30, or even more for this product. But we are offering it for only $16.99!''. Explain which of the ideas for probability is being used to try and exploit viewers.
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