Which of the Following Describes When Intuitive Decision-Making Processes Work

question 61

Multiple Choice

Which of the following describes when intuitive decision-making processes work best?

• A) when managers can use networked computer databanks for analysis
• B) when there are few alternatives available
• C) when experience with similar decisions is extensive, and has been successful
• D) when a manager must make the decision alone

---

Definitions:

T-statistic

A statistical measure used to determine the significance of the difference between two sample means compared through their standard error.

F-statistic

A value calculated in statistical analysis to assess the significance of group differences in a data set.

Alternative Hypothesis

A statement in statistics that is tested against the null hypothesis, suggesting that there is a significant difference or effect.

Population Means

The average of a set of characteristics, quantities, or values for an entire population.