If Susan Scores 5 Percentile Points Higher on a Selection

question 6

True/False

If Susan scores 5 percentile points higher on a selection test than Jack, we can conclude that Susan is 5 percent better than Jack for the job.

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Definitions:

Framing Error

A cognitive bias where information is presented or perceived in a way that influences judgment and decision-making, potentially leading to incorrect conclusions or actions.

Representativeness Heuristic

A cognitive bias in decision-making where the likelihood of an event is estimated based on how much it resembles existing stereotypes or patterns.

Availability Heuristic

A cognitive bias where people overestimate the importance or frequency of information that is readily available to them.

Anchoring and Adjustment Heuristic

A mental shortcut that influences the way people intuitively assess probabilities and make decisions based on initial information.