Tom Is Considering Moving to a New City

question 21

Multiple Choice

Tom is considering moving to a new city.He reads that the employment rate in that city is 90%,which he thinks is very favourable.Ted is considering moving to the same city,but he reads that the unemployment rate is 10%,which he thinks is unacceptably high.Why would Tom and Ted reach such different conclusions based on the same statistics?

• A)Tom received information that was framed in a favourable way,whereas Ted received the exact same information but framed in an unfavourable way.
• B)Tom used base-rate data,but Ted used anecdotal data when forming his decision.
• C)Tom relied on the representativeness heuristic when making his decision,whereas Ted relied on the availability heuristic.
• D)Neither Tom nor Ted fully considered other cities,so both their judgements were guided by the conjunction fallacy.

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Definitions:

Competency Of Communicator

The ability of a communicator to effectively convey messages and facilitate understanding among diverse audiences.

Force-Field Analysis

Force-Field Analysis is a tool used to identify and analyze the forces that support or hinder a particular change initiative, facilitating decision-making in organizational environments.

Future State

The envisioned or planned condition of an organization, system, or situation at a specific future point in time, highlighting intended improvements or changes.

HRM

Human Resource Management, the strategic approach to managing a company's employees to foster a productive and satisfying work environment.