as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
please provide an example of a hypothetical situation where the concept of occam's razor would be applicable.
user
a hypothetical situation where occam's razor could be applied is when trying to determine the cause of a car engine malfunction. you could go down the path of assuming it is a multitude of different problems or focus on the root cause of the problem which is often simpler and more likely.
assistant