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: A > B > C; D < E < C; D ≥ F = G
Conclusion:
I. G < E
II. F < A
Statements: N < G ≥ F > E ≥ D, D = O ≥ I > P
Conclusions:
I. D < G
II. N > I
III. P < E
If the expressions G < L ≤ J > B, J ≤ A and G > H are true, which of the following conclusions will be definitely false?
Statements: B > C= D > F < G = J; H > F > I ≥ E
Conclusions:
I. C > E
II. H < G
III. J = H
Statements: I > E ≥ F; G < D ≤ I; J < E ≤ H
Conclusions:
I. G < E
II. H ≥ F
III. E < D
Statements: H ≥ I > J, K > J, L = M ≥ J
Conclusions:
I. L > K
II. H > J
Statement: D > A ≥ R = B ≤ M < U
Conclusions:
I. U > R
II. D ≥ M
In the question, assuming the given statements to be true, Find which of the conclusion (s) among given three conclusions is /are definitely true and ...
Statements: O > Q < R > P = U ≥ S > T ≥ N
Conclusion
I: S < R
II: U > N
Statements: R ≥ S = T; R < U < V; W > X > V
Conclusion:
I. U > T
II. T < V
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