Anchoring bias - Study guides, Class notes & Summaries

OAM330 Exam 1 Questions With Correct Answers Organizational Behavior - answera field of study that investigates individual behaviors and their impact on organizations. can later be used to improve organization's effectiveness. Behavior is not _____ - answerrandom. - people look towards control/certainty 6 decision making biases - answer1) anchoring 2) confirmation bias 3) over-confidence 4) availability bias 5) loss aversion 6) escalation of commitment anchoring - answerbias wher...

DTI - Shows movement of water in the brain. A connectional scan. fMRI - Scans blood flow in the brain. Shows which parts of the brain are active during a task. High spatial resolution and poor temporal resolution. PET - A type of tracer scan. Shows how organs are functioning. Connectional with a high spatial resolution and low temporal resolution EEG - Detects electrical activity in the brain. High temporal acuity and low spatial. Also correlational. MEG - Uses sensors to detect magnetic ...

HCM5310 Decision Making in the Health Care System Exam 2024 Questions and Verified Answers Already Passed!! 1. A nurse manager is faced with a dilemma: she has to decide whether to assign a new graduate nurse to a complex patient who requires close monitoring and frequent interventions, or to a stable patient who has a routine care plan. The nurse manager knows that the new graduate nurse needs to gain experience and confidence, but also that the complex patient poses a higher risk of ad...

HCM5310 Decision Making in the Health Care System Exam 2024 Questions and Verified Answers Already Passed!! 1. A nurse manager is faced with a dilemma: she has to decide whether to assign a new graduate nurse to a complex patient who requires close monitoring and frequent interventions, or to a stable patient who has a routine care plan. The nurse manager knows that the new graduate nurse needs to gain experience and confidence, but also that the complex patient poses a higher risk of ad...

HCM5310 Decision Making in the Health Care System Exam 2024 Questions and Verified Answers Already Passed!! 1. A nurse manager is faced with a dilemma: she has to decide whether to assign a new graduate nurse to a complex patient who requires close monitoring and frequent interventions, or to a stable patient who has a routine care plan. The nurse manager knows that the new graduate nurse needs to gain experience and confidence, but also that the complex patient poses a higher risk of ad...

Social Cognition a level of analysis that aims to understand social psychological phenomena by investigating the cognitive processes that underlie them Subjectivism People's responses to social stimuli are determined, not by objective reality, but the particular way people subjectively perceive them Contextualism How people perceive social stimuli depends on the particular context in which they are encountered Mentalism In order to understand social judgments and social...

WPC 300 final Questions and answers 2024/2025 QUIZ ONE - CORRECT ANSWERGamblers' fallacy is ______________ Framing effect bias A Zero risk bias A clustering illusion An endowment effect bias - CORRECT ANSWER-A clustering illusion When you keep eating the food you don't like precisely because you already bought the food, you are committing _______________ Endowment effect bias Sunk-cost fallacy Zero risk bias Availability heuristics bias - CORRECT ANSWER-Sunk-cost fallacy ______...

A heuristic uses the ______________ system - ️️impulsive Anchoring and Adjustment Heuristic - ️️When discussing probability, people start with a reference point (anchor) and adjust based on circumstances to reach their estimate Ex) Estimating that more people have seen a show because you've watched it a bunch Archives (D) - ️️- researches test hypothesis using existing data that's been gathered for other purposes - easily assembled information (usually large sample sizes) At...

MGT 300 Exam #2 Review Questions and answers, graded A+/ verified. anchoring and adjustment heuristic - --hint: type of heuristic -A process whereby people base their decisions on the first piece of information they are given without taking other probabilities into account availability heuristic - --hint: type of heuristic -A rule of thumb for making judgments on examples and events that immediately spring to mind bounded rationality - --hint: type of rationality -is the idea that we a...

personal and social exps and help us process and organize info a) prototypes b) schemas c) scripts - correct answer schemas _______provide knowledge about the appropriate sequence of behavs in specific social situations a) prototypes b) schemas c) scripts - correct answer scripts The impact of the social context on impression formation was studied by Rosenhan-what did he find? - correct answer 8 pseudopatients admitted themselves to an inpatient ward. Although they acted normally, al...