________ Refers to the Source, Format, Assumptions and Constraints, and Other

question 54

Multiple Choice

________ refers to the source, format, assumptions and constraints, and other facts about the data.

• A) Clickstream data
• B) Dimensional data
• C) Outsourced data
• D) Metadata
• E) Attributed data

Appreciate the psychological aspects influencing decision maker’s bias towards a selected option.

Recognize the necessary frame of mind to achieve objectivity in decisions.

Understand the process and challenges of fortifying an option during decision-making.

Explain the benefit of utilizing multiple teams to tackle the same problem and how it impacts decision quality.

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Definitions:

Participant Confidence

The level of belief individuals have in their own abilities and judgments during participation in an activity or research.

Propositional Reasoning

Involves making inferences and deducing facts from propositions, or statements that declare something to be true or false.

Calibration Curve

A plot of accuracy against confidence judgments. The more the curve approaches a 45-degree line, the better the “calibration” or “fit” between accuracy and confidence.