The Tendency for Decision Makers to Be Influenced by the Way

question 102

Multiple Choice

The tendency for decision makers to be influenced by the way that a situation or problem is presented is

• A)escalation of commitment.
• B)anchoring.
• C)overconfidence bias.
• D)framing bias.

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Definitions:

Symmetric

Having attributes that are mirrored equally across a central axis or around a central point.

Skewed

A description of a distribution that is not symmetrical, with a majority of data points lying on one side of the mean.

Width

The measurement of the extent of something from side to side, often used in reference to dimensions of objects.

Classes

Categories or groups into which data points or objects are organized based on defined criteria.