A Problem Associated with Behavioral Observation as a Tool of Assessment

question 134

Multiple Choice

A problem associated with behavioral observation as a tool of assessment is

• A) reactivity.
• B) observer bias.
• C) equipment bias.
• D) All of these

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Definitions:

Service

A non-tangible offering that involves the provision of labor or expertise rather than a physical product.

Minimax Regret Strategy

Minimax Regret Strategy is a decision-making approach that aims to minimize the maximum possible regret from choosing an unfavorable option, considering the worst-case scenario.

Conservative Strategy

A risk management strategy that opts for investments or decisions that are expected to yield lower variability and risk.

Opportunity Loss Strategy

An approach in decision making that focuses on minimizing the potential loss for not choosing the best alternative.