Podcast
Questions and Answers
A company is deciding between two investment options: Option A offers a guaranteed annual return of 5%, while Option B is riskier but has the potential for a 15% annual return. What decision-making heuristic might lead an investor to choose Option A, even if Option B has a higher expected value?
A company is deciding between two investment options: Option A offers a guaranteed annual return of 5%, while Option B is riskier but has the potential for a 15% annual return. What decision-making heuristic might lead an investor to choose Option A, even if Option B has a higher expected value?
- Loss aversion (correct)
- Availability heuristic
- Representativeness heuristic
- Anchoring bias
In a negotiation, one party opens with an unexpectedly high demand. Which cognitive bias is most likely to influence the other party's perception of a reasonable settlement range?
In a negotiation, one party opens with an unexpectedly high demand. Which cognitive bias is most likely to influence the other party's perception of a reasonable settlement range?
- Confirmation bias
- Halo effect
- Anchoring bias (correct)
- Framing effect
A project manager consistently underestimates the time and resources needed to complete tasks, despite having a history of similar projects running over schedule and over budget. Which bias is most likely affecting the project manager's estimates?
A project manager consistently underestimates the time and resources needed to complete tasks, despite having a history of similar projects running over schedule and over budget. Which bias is most likely affecting the project manager's estimates?
- Optimism bias (correct)
- Automation bias
- Hindsight bias
- Status quo bias
A marketing team is deciding whether to launch a new product. Market research shows that 60% of consumers like the taste of the product, but 40% do not. If the team focuses on the 60% approval rate to justify launching the product, which cognitive bias are they exhibiting?
A marketing team is deciding whether to launch a new product. Market research shows that 60% of consumers like the taste of the product, but 40% do not. If the team focuses on the 60% approval rate to justify launching the product, which cognitive bias are they exhibiting?
An analyst believes that a stock will perform well because it is similar to another stock that recently had high returns, despite lacking specific evidence for this stock. Which cognitive bias is most likely influencing the analyst's judgment?
An analyst believes that a stock will perform well because it is similar to another stock that recently had high returns, despite lacking specific evidence for this stock. Which cognitive bias is most likely influencing the analyst's judgment?
During a long-distance run, in what order does the body typically utilize nutrients for energy?
During a long-distance run, in what order does the body typically utilize nutrients for energy?
Which of the following explains why animals in cold environments, such as seals, have large amounts of fat?
Which of the following explains why animals in cold environments, such as seals, have large amounts of fat?
What type of energy storage is used, when someone does a short burst of exercise, like sprinting?
What type of energy storage is used, when someone does a short burst of exercise, like sprinting?
If a person's diet is severely lacking in both carbohydrates and fats, which of the following is most likely to occur?
If a person's diet is severely lacking in both carbohydrates and fats, which of the following is most likely to occur?
How does the body balance the storage of carbohydrates and fats, considering that they are both energy sources?
How does the body balance the storage of carbohydrates and fats, considering that they are both energy sources?
Flashcards
What are nutrients?
What are nutrients?
Substances in food needed for health.
Main energy nutrients?
Main energy nutrients?
Carbohydrates and fats are the primary sources; protein is a backup.
Carbohydrate storage?
Carbohydrate storage?
A small amount is stored in the liver and muscles.
Fat storage?
Fat storage?
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Fat's additional role?
Fat's additional role?
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Nutrient Definition
Nutrient Definition
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Carbohydrates
Carbohydrates
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Fats
Fats
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Carbohydrate storage form?
Carbohydrate storage form?
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Fat storage location
Fat storage location
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