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Mathematics, 14.12.2020 20:20 speedyblackmann

Mr. Lochel performed an "honesty" experiment in which he pretended to pick up either a $1 bill or a $100 bill (which was really his own money) off the ground near an unsuspecting individual and then held it out to them and asked if they dropped it. The value of the "found" money was randomly determined by a prior coin toss. At the end of the experiment he compared the proportion of people who claimed the money as their own. What conclusion can be drawn from this study? Explain.

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