Question
A manager who uses anchoring bias to make decisions is
guilty of doing which of the following?Solution
Anchoring is a cognitive bias that describes the common human tendency to rely too heavily on the first piece of information offered (the "anchor'') when making decisions. During decision making, anchoring occurs when individuals use an initial piece of information to make subsequent judgments. This bias is the tendency to jump to conclusions.
Statements: L ≥ M > N, P > N, T = O ≥ N
Conclusions:
I. T > P
II. L > N
Which one the following symbols should replace the question mark in the given expression, in order to make the expressions M ≤ J as well as O > L ...
Which of the following expressions will be true if the expression ‘J ≥ K > L ≥ M’ is definitely true?
In the question, assuming the given statements to be true, find which of the conclusion (s) among given two conclusions is /are definitely true and the...
Statements: M < N = O ≤ Q, M > U = L ≥ P ≥ S
Conclusions:
I. N > L
II. U < O
III. O > LStatement: Q > P; R > S > O; R < P
Conclusion:
I.Q > O
II. Q > S
Statements: E & F, H # I, G $ F, E % D, G @ H
Conclusions:Â Â Â I . D $ FÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â II. F @ IÂ Â Â Â Â Â Â Â Â Â Â Â ...
In the question, assuming the given statements to be true, find which of the conclusion (s) among given two conclusions is /are definitely true and the...
Statement: C > B > T < J > D > M < Z
Conclusion: I. C > M II. C > Z
Statement: P > Q ≤ R = S > T < U
Conclusions: I. P > U II. R < U
...
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