FG News

One Mistake That Every Shopaholic Does

15 Aug 17

Contain yourselves people, because we’ve got all the secrets and insider suggestions that are freshly discovered by the experts.

As per a recent study consumers make poor purchase decisions.  Michael Tsiros, professor of marketing at the University Of Miami School Of Business Administration has blamed people’s poor understanding of ratios. The professor stated that the consumer often makes a mistake about the average ratio information, such as comparing the fuel efficiency of two cars.

Perhaps the consumer bungle the numbers by incorrectly assuming the mathematic equation stated the researchers. This incorrect way of crunching the numbers leads to only 25-30 percent of shoppers getting the correct answer, said the experts.

Michael stated that people depend heavily on the 'normal' way to compute an average. Additionally, if they simply had ready access to software that calculates the average of ratios then people could make more informed decisions about many big-ticket purchases, such as cars.

By: Priyanka Negi

Content: www.sciencedaily.com



Read more

A Balance Amount of Folic Acid to Lower the Risk of Autism

20 Sep 17

Read more ...

Delhi’s Forgotten Historical Gems

19 Sep 17

Delhi has given shelter to everyone and it’s a place full of historical monuments. These places remind us the stories of ancient times and early Read more ...

An Eye on Earth- Search of Hidden Worlds

18 Sep 17

A group of scientists from Queen's University Belfast and the Max Planck Institute for Solar System Research in Germany have come out with a new discovery that find out that how an alien observer c ...
Read more ...

Builder of Lutyens’ Delhi: Sir Sobha Singh

17 Sep 17

Sardar Bahadur Sir Sobha Singh was the father of well-known Indian writer Khushwant Singh. He was a civil contractor and leading builder of Lutyens’ Delhi and real estate owner of Delhi. He w ...
Read more ...

Brain Stimulation; a Boon for Children with Learning Difficulties

16 Sep 17

Maths is something that most of the children find challenging and thus it’s become essential to help those with difficulties to learn better. The learning capacity of children depends upon th ...
Read more ...

Related News