Managers Need an Understanding of Statistics to Be Able to Present

question 32

True/False

Managers need an understanding of statistics to be able to present and describe information accurately,draw conclusions about large populations based on small samples,improve processes,and make reliable forecasts.

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Definitions:

Behavior Modification

A method of therapy rooted in operant conditioning principles, which aims to substitute negative behaviors with positive ones using either rewards or penalties.

Classical Conditioning

The procedure of learning through continual pairing of two stimuli; a behavior that initially results from the second stimulus later results from only the first stimulus.

Instinctive Drift

The inclination of an animal to return to innate behaviors that disrupt a learned reaction.

Extinction

The gradual weakening and eventual disappearance of a learned response.