An Employer Interviews a Job Candidate for 15 Minutes

question 30

Multiple Choice

An employer interviews a job candidate for 15 minutes.On the basis of this interview,the employer decides that the candidate will perform well in the job,so he hires her.This is a case of a

• A)sound decision because the employer is making use of available information.
• B)sound decision because the employer is employing base rates.
• C)potential error because the employer is assuming that a small sample of information (the interview)is representative of a broader pattern (job performance).
• D)potential error because the employer is relying on schema-based reasoning rather than deduction.

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Definitions:

Cash Equivalents

Short-term, highly liquid investments that are easily convertible to known amounts of cash, typically with original maturities of three months or less.