Exhibit 14.7 The Following Questions Use the Information Below

question 42

Multiple Choice

Exhibit 14.7
The following questions use the information below.
A decision maker is faced with two alternatives. The decision maker has determined that she is indifferent between the two alternatives when p = 0.45.
-The total worth, value or desirability of a decision alternative is called its

• A) usefulness.
• B) worthiness.
• C) utility.
• D) risk.

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Definitions:

Cognitive-Developmental Theory

The stage theory that holds that the child’s abilities to mentally represent the world and solve problems unfold as a result of the interaction of experience and the maturation of neurological structures.

Piaget

A Swiss developmental psychologist and philosopher best known for his pioneering work in child development, particularly his theory of cognitive development.

Psychosexual Stages

are a series of developmental phases in Freudian psychoanalysis, where the pleasure-seeking energies focus on distinct erogenous zones from infancy through adulthood.

Scaffolding

An educational technique involving structured support provided by an instructor to help a student learn a new concept, gradually reducing assistance as the student becomes more proficient.