Inference from Consumer Behavior Study

Very Hard Inference Draw Conclusions

According to a recent study on consumer behavior, individuals who frequently purchase luxury goods are more likely to exhibit certain personality traits. These include a heightened need for social status, a predisposition toward materialism, and a tendency to prioritize immediate gratification over long-term planning. The study also indicates that this purchasing behavior is prevalent among younger adults compared to older generations.

Based on this information, which of the following conclusions can be drawn?

Younger adults are likely to have less long-term financial planning habits than older adults.

Affluent older adults do not care about social status.

Individuals who purchase luxury goods generally plan for their financial futures.

Materialism is more common among individuals who prioritize long-term planning.

A significant correlation exists between luxury good purchases and a preference for immediate rewards.

Hint

Submitted16.9K

Correct16.6K

% Correct98%