If Expectations Are Formed Adaptively,then People

question 5

Multiple Choice

If expectations are formed adaptively,then people

• A)use more information than just past data on a single variable to form their expectations of that variable.
• B)often change their expectations quickly when faced with new information.
• C)use only the information from past data on a single variable to form their expectations of that variable.
• D)never change their expectations once they have been made.

---

Definitions:

Predetermined Time Standards

Time values assigned to tasks based on standard conditions before actual work begins, used to plan and measure work performance.

Basic Motions

The fundamental human movements or actions that can be combined in various ways to perform work or tasks efficiently.

Therbligs

Fundamental motions required for a worker to perform manual operations, used in the study of motion economy.

Work Sampling

A statistical technique used for analyzing the work performance and estimating the proportion of time spent by workers on different activities.