12.5.1 - Cognitive Biases
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Practice Questions
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Define cognitive bias.
💡 Hint: Think about decision-making errors.
What is confirmation bias?
💡 Hint: Consider how we view evidence.
4 more questions available
Interactive Quizzes
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What is anchoring bias?
💡 Hint: Think of buying a car and the first price you see.
True or False: Confirmation bias helps in making well-rounded decisions.
💡 Hint: Think about how we assess evidence.
1 more question available
Challenge Problems
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You are the manager of a team considering a new project. While reviewing past project data, you find initial statistics encouraging. However, the newer data presents a warning. Analyze how you would address the potential for anchoring bias.
💡 Hint: Think about how different viewpoints can mitigate bias.
In a meeting, a fellow manager insists on pursuing a flawed marketing strategy based on previous success without considering recent changes in the market. Draft a plan illustrating how you might present counterarguments based on evidence to combat confirmation bias.
💡 Hint: Consider how to use evidence effectively in discussion.
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