Examlex
The weight of an object, measured to the nearest gram, is an example of a _____ random variable.
Groupthink
A psychological phenomenon where the desire for harmony and conformity in a group leads to irrational or dysfunctional decision-making outcomes.
Risky Shift
A phenomenon where groups tend to make riskier decisions together than individuals would when making decisions alone.
Individual Decision
A decision-making process where a single person makes a choice based on their judgment and information available to them.
Group Decision Making
The process by which multiple individuals come together to make a decision collectively, often involving discussion and negotiation.
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