! Identify the correct influence on an individual's decision for the following examples:ExampleInfluenceThe reporter writing an article will interview only those experts who support his views.Confirmation biasSmoking when John is with certain friends.Peer effectInvestment managers follow the newest investment trend.HerdingMisty is a trend setter causing her class to imitate her.HerdingWhich of the following is not a correct explanation of an information cascade? (Check all that apply.)O A. It always improves the decision making ability of an individual.O B. It results when individuals are subject to a common shock.O C. It has the potential to occur when people make decisions sequentially.O D. It occurs when the information implied by other people's decisions outweighs the person's private information.

Answer: As per Q/A guideline first question has been answered. The correct influence is affected on…

Example he reporter writing an article will interview only those experts who support his views. Con moking when John is with certain friends. Pe vestment managers follow the newest investment trend. isty is a trend setter causing her class to imitate her. Не hich of the following is not a correct explanation of an information cascade? (Check all that apply.) A. It always improves the decision making ability of an individual. B. It results when individuals are subject to a common shock. C. It has the potential to occur when people make decisions sequentially.

Example he reporter writing an article will interview only those experts who support his views. Con moking when John is with certain friends. Pe vestment managers follow the newest investment trend. isty is a trend setter causing her class to imitate her. Не hich of the following is not a correct explanation of an information cascade? (Check all that apply.) A. It always improves the decision making ability of an individual. B. It results when individuals are subject to a common shock. C. It has the potential to occur when people make decisions sequentially.

Essentials of Business Analytics (MindTap Course List)

2nd Edition

ISBN:9781305627734

Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

Chapter5: Probability: An Introduction To Modeling Uncertainty

Section: Chapter Questions

Problem 7P: The Human Resources Manager for Optilytics LLC is evaluating applications for the position of Senior...

See similar textbooks

Similar questions

The Human Resources Manager for Optilytics LLC is evaluating applications for the position of Senior Data Scientist. The file OptilyticsLLC presents summary data of the applicants for the position. a. Use a PivotTable in Excel to create a joint probability table showing the probabilities associated with a randomly selected applicants sex and highest degree achieved. Use this joint probability table to answer the questions below. b. What are the marginal probabilities? What do they tell you about the probabilities associated with the sex of applicants and highest degree completed by applicants? c. If the applicant is female, what is the probability that the highest degree completed by the applicant is a PhD? d. If the highest degree completed by the applicant is a bachelors degree, what is the probability that the applicant is male? e. What is the probability that a randomly selected applicant will be a male whose highest completed degree is a PhD?
Through the use of a reliable source such as YahooFinance.com or ValueLine.com, determine your company’s beta. Also, find the beta for a competitor (a firm in the same line of business). Which of these is a riskier company based on this information? Why do you think the market deems this firm as riskier? I would like to use UnitedHealth Care Group.
If you believe that someone is careless and irresponsible at work just because he is young. In this case you are applying______. Choose correct answer a. Confidence b. Prejudice c. Experience d. Accuracy
Which of the following is an example of a questionable research practice? a) Suzie was part-way through data collection and wanted to see how participants were performing so looked at group means b) Kit had to end data collection early because of the pandemic, but luckily, they still had enough power to detect the effects of interest c) Larry ran a post-hoc power analysis and found that he had insufficient power to find the effect he was interested in so collected more participants d)Erik planned to examine how birth month is related to neuroticism, but after data collection decided birth season would be more theoretically meaningful
Answer the following based on the image of the scenario A-Help management understand the issue from Jack’s perspective. Describe the ethical dilemma that Jack faces. What is the issue? Who are the parties involved? If you were Jack, what would you consider when making a decision? B-Help management understand the elements of the fraud triangle in this situation which increase the chances of fraud. Why is this fraud? What are the opportunities, motivations and rationalizations that you see? How does this affect the business financially? C-Help management come up with a plan to minimize the likelihood of this happening in the future. Be sure to mention specific components of the COSO framework.
Research "Auditor's Discussion and Analysis (AD&A)”. Do you think AD&A is a good idea? Explain your reasoning.
The way that organizational deviance differs from the other forms of deviance discussed in this book is that, with all the other forms: A.behavior is evaluated by audiences. B.the behavior being evaluated is caused by deviant beliefs. C.a character flaw is detected in the actor by audiences and hence, stigmafollows. D.everyone in the society could be evaluated along the relevant dimension the deviance exemplifies.
b) Over the years, researchers have carried out a large number of studies in an attempt to gather evidence in favour and against the prediction and implications of the pecking order theory. Most of the evidence is either based on statistical analysis of large sets of data (for example through regressions) or on surveys targeting top executives. What are the main findings that seem to be consistent with the pecking order theory? What are the main findings that are arguably inconsistent with the theory? Discuss these two questions. [Word limit: 500 words] c) Some economists argue that capital structure decisions are affected by the costs of financial distress that firms face. What are these costs exactly and why are they important to firms? Describe the different types of financial distress costs and explain how they may determine whether a firm raises equity or debt capital. In your answer, you should also refer to academic studies that provide estimates of the magnitude of distress…
Which of the following are accurate statements regarding Crowdfunding: I. Crowdfunding relies on unreliable behaviors such as herd behavior and anchoring. II. Used typically in LLC or partnership situations. III. Has the advantage of not relying on geographic closeness. IV. Usually results in friends and family as participants. V. Almost always a viable product is available and ready to view in successful campaigns. a. Only I is accurate. b. I, II and V are accurate c. All are accurate. d. None are accurate. e. All are accurate except I.
Theories that attempt to isolate characteristics that differentiate leaders from non-leaders. Select one: a. Trait theories O b. Behavioral theories O c. None of the options O d. Charismatic theory
An indirect strategY places the main idea after an explanation or reason. Which of the following is a situation that might call for an indirect strategy? Check all that apply. O You need to inform your team that the upcoming project will be a challenge. O You need to convince your coworkers to adopt a new software program that they don't understand. O You are sending a past-due notice on an account. O You need to fire your receptionist. O You want to schedule a meeting to update your boss on a client meeting. Which or the following is a situation that might call for an indirect strategy? O When preventing frustration O when trying to facilitate use of proper words Respects the feelings of the audience
You overheard a friend at a party say that computers and information technology will greatly decrease the demand for auditors. Do you believe this to be true. How would you respond to this comment?