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Module 5

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
        Help!  

Question
Answer
Sally and Aamir’s company are celebrating a hard-won deal. Sally manages the team who created the product, and believes it was the high quality of the product that cinched the deal. Aamir manages the sales team, and he believes it was the long hours of wo   show
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show B. rational and intuitive.  
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The Gilbreths have a large family with 12 children. They need to pick a new car that will serve everyone, including 4 teenagers who are driving age or approaching it. Their criteria include safety, gas mileage, reliability, and seating for 14. They are fo   show
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show C. robust.  
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Derek Muller of Veritasium offers a bet. He will flip a coin. On heads, you will win $10, and on tails, you will pay him $10. The expected value is $0, so the bet is fair. According to prospect theory, most people will Responses A. prefer not to take   show
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show A. evidence-based decision making.  
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Frederick Corey, the vice provost of undergraduate education at Arizona State University, argues that colleges are driving by looking in the rear-view mirror. They use descriptive statistics on alumni to make policy about future students, so the data is y   show
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show C. a decision node  
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Computer CORE offers computer education to adults. Volunteers teach the classes. When CORE needed to update the presentations, the executive director created a committee of teachers. Each teacher had taken unique approaches to the presentations. The teach   show
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show B. groupthink  
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show B. command or autocratic style.  
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show B. nominal group technique.  
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show a) The decision will be flawed or mistaken  
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show c) Having all relevant facts  
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show b) Rational  
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What does the hindsight bias cause people to do? a) Avoid change and new ideas b) Assume good outcomes were predictable c) Become overly cautious in choices d) Refuse to make quick decisions   show
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show a) Past performance  
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show c) Mapping complex decisions  
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What does a neutral referee do in group decisions? a) Makes the final decision b) Prevents idea sharing c) Sets ground rules d) Introduces bias   show
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show a) Anonymous feedback  
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  show
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