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An organization contracts with software developers to produce apps for clients. The organization is paid in part by how well the app sells in the marketplace.

10. Question 10 An organization contracts with software developers to produce apps for clients. The organization is paid in part by how well the app sells in the marketplace. Historically…

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A firm is evaluating the performance of two managers running a summer training program. One manager is in a large division with over 100 trainees, while the other is in a small division with only 15 trainees. What is one principle the firm should use in its evaluation?

9. Question 9 A firm is evaluating the performance of two managers running a summer training program. One manager is in a large division with over 100 trainees, while the…

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Which of the following mistakes is not implied by the “Law of Small Numbers”, the tendency to believe that small samples closely match the underlying conditions.

8. Question 8 Which of the following mistakes is not implied by the “Law of Small Numbers”, the tendency to believe that small samples closely match the underlying conditions. 1…

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Which of the following does not dilute the value of collecting opinions from a number of people (e.g., regarding a performance evaluation or hiring decision)?

5. Question 5 Which of the following does not dilute the value of collecting opinions from a number of people (e.g., regarding a performance evaluation or hiring decision)? 1 point…

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There are a handful of common mistakes people make when trying to separate skill from chance. Which of the following is not one of those mistakes?

7. Question 7 There are a handful of common mistakes people make when trying to separate skill from chance. Which of the following is not one of those mistakes? 1…

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Which of the following is not a benefit of the “wisdom of crowds” (i.e., collecting a group of independent opinions) approach to employee-related decisions?

6. Question 6 Which of the following is not a benefit of the “wisdom of crowds” (i.e., collecting a group of independent opinions) approach to employee-related decisions? 1 point  …

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A company designs a training program for underperforming employees. They enroll in the program the employees who received the worst 10% of performance evaluations in a given year.

4. Question 4 A company designs a training program for underperforming employees. They enroll in the program the employees who received the worst 10% of performance evaluations in a given…

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Which of the following is not true? “If we select the best performers on a specific metric in a given period of time…”

3. Question 3 Which of the following is not true? “If we select the best performers on a specific metric in a given period of time…” 1 point   Their…