ABSTRACT
Circle the correct answer.
Once you have decided on an alternative, it is best not to review your decision because research has shown that the first choice most people make is usually the best.
T F
It is usually not possible to determine if the best decision was made.
T F
If we develop the habit of writing lists of alternatives on paper, then we don’t have to be concerned about the possibility that memory is biasing the decision making process.
T F
When people are highly confident about their ability to make sound decisions, their self-confidence is usually warranted.
T F
We tend to judge information that is easy to recall as more frequent in occurrence than information that is difficult to recall.
T F
When picking 6 lottery numbers, 12, 7, 4, 31, 6, 28 is more likely to win (if the lottery is fair) than 1, 2, 3, 4, 5, 6.
T F
7. When you are deciding about continuing a project in which you have already invested time and money, the amount of time and money that you have previously invested should be the primary consideration.
T F
The fact that you are familiar with something or someone will influence your decision so that the alternative or person is evaluated more favorably than a less familiar alternative or person.
T F
There is a considerable body of evidence that shows that people make better decisions when they use a worksheet procedure.
T F
A decision should always be judged by the quality of its outcome.
T F
