Question
Which of the following is a common bias that can affect
managerial decision-making?Solution
Anchoring bias occurs when individuals rely too heavily on the first piece of information they encounter (the "anchor") when making decisions. This bias can lead to skewed decision-making, especially if the anchor is irrelevant or misleading.
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at variance...
Statements:a. Some children are men
b. All men are old
Conclusions:I. Some men are children
II. Some old are men
Statements:
Only a few Orange are Apple
Some Orange are not Mango
Some Mango are Pear
Conclusions:
I. All Apple are O...
Statements:Â Â Â Â Â Â
Only cats are bats.
No cat is pig.
All pigs are dogs.
All pigs are camels.
Conclusi...
Statements:
Only Doctor are Pilots
Some Doctor are not Lawyer
100% Lawyer are Teacher
Conclusions:
I. Some Lawyer are...
Statements :Â
All summers are winters.
Some winters are autumns.
Conclusions :
I. All summers are autumns.
II. Some summers are not autumns.
Statements:
Some summers are winters.
Some seasons are autumns.
No winter is a season.
Conclusions:
I. Some summers a...
Statements:
Some penguin are parrot
No parrot is a eagle
No penguin is a sparrow
Conclusions:
I. Some sparrow are not...
the question below some statements are given followed by three conclusions I, II, and III. You have to take the given statements to be true even if the...
Statements: All cans are vessels.
Some vessels are jars.
All jars are containers.
Some container...
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