A Decision Maker Is Influenced by the Manner in Which

question 48

Multiple Choice

A decision maker is influenced by the manner in which a problem or question is stated.This represents the _______ bias.

• A) confirmation
• B) availability
• C) representativeness
• D) overconfidence
• E) framing

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Definitions:

Null Hypothesis

The default hypothesis that there is no significant difference or effect, used as a starting point for statistical hypothesis testing.

Test Statistic

A value calculated from sample data during a hypothesis test, used to make a decision about the null hypothesis.

Distribution

Refers to the way in which something is shared out among a group or spread over an area.

F Statistic

A value calculated during an ANOVA test that determines if the means of several groups are all equal, used to test the null hypothesis.