Examlex
The range measures the variation within samples versus the variation between samples.
Risky Shift
The tendency for groups to make riskier decisions than the average risk initially advocated by their individual members.
Faulty Hindsight
The misinterpretation or incorrect analysis of past events, often seeing them as more predictable than they actually were.
Previous Sunk Costs
Refers to resources that have already been spent and cannot be recovered.
Groups
A number of individuals assembled together or having some unifying relationship.
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