An Admissions Director for a College Decides to Keep the Existing

question 121

Multiple Choice

An admissions director for a college decides to keep the existing admissions policy since 80% of the students admitted eventually graduate. Unknown to her, 90 percent of the rejected applicants would also have been successful graduates. Her decision- making process is hampered by ________.

• A) the representativeness heuristic
• B) the availability heuristic
• C) hill-climbing
• D) creating subgoals

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Definitions:

Agency Request

A formal appeal or demand made by an agency for something to be given, supplied, or performed.

Facilities

Buildings, services, equipment, etc., provided for a particular purpose, such as healthcare, education, or sport.

Business Firm

An organization engaged in commercial, industrial, or professional activities, either for profit or non-profit.

Independent Regulatory Agencies

Independent regulatory agencies are federal bodies created by Congress to enforce and regulate specific areas of economic activity, operating with some degree of independence from executive control.