Alexis Has Been Diagnosed with a Learning Disability

question 85

Multiple Choice

Alexis has been diagnosed with a learning disability. She doesn't believe that the psychologist was accurate in this diagnosis, so she decided to seek out additional information about the disability, and its rate of misdiagnosis. She finds a number of websites and a couple of books that suggest that the diagnosis for the particular disability is wrong 20 percent of the time. Alexis is confident that hers is a case of misdiagnosis, and even after getting three additional evaluations from other diagnosticians (who all agree with the original diagnosis) , Alexis refuses to believe otherwise. What does this example illustrate?

• A)availability heuristics
• B)gambler's fallacy
• C)overestimating the improbable
• D)confirmation bias leading to belief perseverance

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Definitions:

BCG Matrix

BCG Matrix is a strategic business tool developed by the Boston Consulting Group to help organizations analyze and make decisions about their product portfolio, classifying products into four categories: Stars, Cash Cows, Question Marks, and Dogs.

Strategic Decisions

High-level, directional choices made by an organization to achieve long-term objectives and secure competitive advantage.

BCG Matrix

The BCG Matrix is a strategic planning tool that helps organizations evaluate their product portfolio based on market growth and market share, categorizing them into four quadrants.

Cash Cows

Business units or products that generate significant cash flows with little investment, typically in a mature stage of their lifecycle.