The Pattern of Faulty and Biased Decision Making That Occurs

question 42

Multiple Choice

The pattern of faulty and biased decision making that occurs in groups whose members strive for argument at the expense of good decision making is called:

• A) brainstorming.
• B) groupthink.
• C) devil's advocacy.
• D) bounded rationality.
• E) satisficing.

---

Definitions:

Level Of Significance

A threshold in hypothesis testing below which the null hypothesis is rejected, indicating statistical significance.

P-Value

The probability of obtaining a test statistic at least as extreme as the one observed during a test, assuming the null hypothesis is true.

Rejection Rules

Guidelines used in hypothesis testing that determine the circumstances under which the null hypothesis should be rejected.

P-Value

Assuming the null hypothesis is applicable, it refers to the chance of recording test results that are at least as notable as the ones actually experienced.