Examlex
By adjusting for a division's earnings and accounting for the cost of investing in a division, economic value added is a much more accurate estimate of a division's economic performance than are traditional accounting measures of performance.
Automatic System
Processes in the brain that occur without conscious effort, often quickly and based on learned routines.
Statistical Reasoning
The process of using statistical methods and principles to analyze, interpret, and draw conclusions from data.
Cognitive Bias
A systematic pattern of deviation from norm or rationality in judgment, whereby inferences about other people and situations may be drawn in an illogical fashion.
Anchoring Heuristic
A cognitive bias where an individual relies too heavily on an initial piece of information to make subsequent judgments.
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