When Researchers Pit Statistical Prediction-Such as Predicting Graduate School Success

question 86

Multiple Choice

When researchers pit statistical prediction-such as predicting graduate school success using a formula that includes grades and aptitude scores-against interviewers' intuitive prediction:

• A)statistical prediction is usually superior to expert intuition.
• B)expert intuition is usually superior to statistical intuition.
• C)statistical prediction and expert intuition do equally well.
• D)both methods usually fare no better than chance.

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Definitions:

Certainty

The state of being sure or confident about something, often implying a lack of doubt.

Nonprogrammed Decisions

Choices enacted in reaction to scenarios that are distinct, ill-defined, highly unstructured, and carry significant implications for the organization.

Creative Problem Solving

An approach to problem-solving that involves out-of-the-box thinking and the generation of innovative solutions.

Ethical Problem

A situation that poses a moral dilemma, requiring an individual to choose between actions that are evaluated as right or wrong based on ethical principles.