WPC 300 Midterm Questions With Complete Solutions
Heuristics correct answer: • Experience • Intuition • Rules of thumb • Think fast Analytics correct answer: the process of developing actionable decisions or recommendations for actions based on insights generated from historical data • Observe what has worked • Experimentation • Collect data and analyze data • Find patterns • Boundary and Generalizability • Think slow A Scientific Perspective to Problem Solving correct answer: - Heuristics vs Analytics Decision Making Biases correct answer: - Understand situations where biases arise - Based on a situation, you should be able to identify what kind of cognitive bias that is - Differentiate the major kinds of biases discu
Written for
- Institution
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Arizona State University
- Course
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WPC 300
Document information
- Uploaded on
- June 6, 2023
- Number of pages
- 14
- Written in
- 2022/2023
- Type
- Exam (elaborations)
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- Questions & answers
Subjects
- wpc 300 midterm
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wpc 300 midterm questions with complete solutions
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