PT155.S4.Q5

PrepTest 155 - Section 4 - Question 5

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An online auction site conducted a study of auction techniques involving 8,000 used cars, divided into two equal groups. ████ █████ ███████ ██ ███ █████ █████ ████████ █ █████ ███████████ ██ ███ ██████████ ███ ███████████ ██ ████ ███ ██ ███ █████ ████ ████████████ ██████ ███████ ██ ███ ████ ████ ████ ██ ███ ██████ █████ █████ ███ ██ ██████████ ████ ██ ████ ██████ ████ █████ ███ ████ ██ ███ ██████ █████ ███████ ██████ ███████

"Surprising" Phenomenon

Used cars sold more frequently and for higher prices when their defects were listed.

Objective

The correct answer will be a hypothesis that explains something about consumer behavior, where consumers respond more favorably to listings that report defects. One possible explanation is that consumers have more trust in listings that include defects.

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5.

Which one of the following, ██ █████ ████ █████ ██ ███████ ███ ███ ██████ █████ ██ ████ ███ ██████ █████ ███████ ████ ███ █████ ██████

a

Most people are █████████ ██ ███ ████████████ ████ █████████ █████ ████ ████ ███ ███ ██ ███ ███████ ███████

b

People are likely ██ ██████ ████ █ ███ ████ ██ ████████ ███████ ███ ████ ██████████ ████ ███████████ ███ ██ █████████ ██ ██████ ███████ ██████████

c

Prospective buyers are ██████ ██ ████████ ███████ ██ ███████ ██████ ██ █ ████████ ███████████ ██ ███ █████████ ██ ██ ██████ ████ ███ ███████████ ███████████

d

Listing defects in █ ███████████ ██ ██ ████ █████ ██ ████ ██████ ██ ██████ ████ ██ █████ ██████ ███ ████ ████████████

e

With thousands of ████ ███ █████ ███████████ ██████ ███ ████████ ██ ████ ████████ ████████████ ██ ████ ████ █ █████ ████████ ██ █████

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