Examlex
Dr.Mentor is conducting an experiment examining the effects of cell phone conversations on reaction times while driving a car.Each participant while either conversing on a cell phone or not,maneuvers a driving course on a simulator.This simulated drive is videotaped.The research assistant hired to do the coding of the video tapes does not believe cell phone use should be banned while driving a motor vehicle and tends to err in the coding of the reaction times in a way that favours this belief.This experimenter expectancy effect could be controlled for with:
Markov Model
A Markov Model is a mathematical system that undergoes transitions from one state to another on a state space. It is used for predicting the likelihood of future events based on current or past events.
Bullwhip Effect
When errors in estimating the supply of human capital are amplified along the supply chain, resulting in large overestimates of hiring needs.
Human Capital
The collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value.
Linear Programming
A complex mathematical procedure commonly used for project analysis in engineering and business applications; it can determine an optimum or best-supply mix solution to minimize costs or other constraints.
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