The decision aid involving the construction of a key list of inputs for a decision, importance weights for each input, and objective ratings of each input for each decision alternative is known as:
A) an actuarial model
B) an objective linear model
C) a subjective linear model
D) Both a and b are correct.
E) None of the above are correct.
Correct Answer:
Verified
Q54: Subjective liuear models:
A)consistently outpetforrn unaided human judgments
B)rarely
Q55: Information that confounds measures of a target
Q56: The base rate is a statistic based
Q57: Taking books horne over a holiday expecting
Q58: Focusing on leads decision makers to act
Q60: Which actions do not improve managerial judgment?
A)Unseizing
B)Seizing
C)Unfreezing
D)Considering
Q61: Explain the difference between "seizing" and "freezing."
Q62: When can accountability improve decision making? When
Q63: Why is a subjective linear model also
Q64: Bayes's theorem:
A)de-emphasizes base rates
B)prevents confusion of the
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