Podcast
Questions and Answers
What are set effects?
What are set effects?
Habitual ways of structuring a problem which can prevent finding the best solution.
What is availability in the context of probability or frequency?
What is availability in the context of probability or frequency?
Judgements of frequency or probability based on the availability of examples in memory (ease of recall).
There are more English words with the first letter K than the third letter K.
There are more English words with the first letter K than the third letter K.
False (B)
What are heuristics?
What are heuristics?
What is meant by problem space?
What is meant by problem space?
What are descriptive theories in decision making?
What are descriptive theories in decision making?
What are framing effects?
What are framing effects?
What is loss aversion?
What is loss aversion?
What are simple problems?
What are simple problems?
What are normative theories?
What are normative theories?
What is expected value theory?
What is expected value theory?
Probability x outcomes = ______
Probability x outcomes = ______
What is a morpheme?
What is a morpheme?
What is a phoneme?
What is a phoneme?
What does representativeness refer to?
What does representativeness refer to?
What is functional fixedness?
What is functional fixedness?
What does validity refer to in testing?
What does validity refer to in testing?
What is reliability in the context of testing?
What is reliability in the context of testing?
IQ equals mental age/chronological age x 100 equals ______
IQ equals mental age/chronological age x 100 equals ______
What is confirmation bias?
What is confirmation bias?
What is another definition of confirmation bias?
What is another definition of confirmation bias?
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Study Notes
Problem Solving and Decision Making
- Set Effects: Habitual methods of approaching problems can hinder finding optimal solutions.
- Heuristics: Simple rules or shortcuts used in decision-making can lead to quick judgments but may cause predictable mistakes.
- Problem Space: Represents all possible states within a specific problem scenario.
Cognitive Biases and Preferences
- Availability: Judgments about frequency or chances are influenced by how easily examples come to mind.
- Framing Effects: The way information is presented can significantly affect decision-making outcomes.
- Loss Aversion: The psychological impact of losing money (e.g., $10) is more intense than the pleasure derived from gaining the same amount.
Theories in Decision Making
- Descriptive Theories: Emphasize how preferences vary based on context, considering loss aversion and framing.
- Normative Theories: Originating from philosophy and mathematics, these theories focus on ideal decision-making processes, such as expected value.
- Expected Value Theory: A calculation used in gambling to determine possible gains, formulated as probability multiplied by outcomes.
Language and Communication
- Morpheme: The smallest meaningful units in language, crucial for understanding semantics.
- Phoneme: The most basic sound units in language essential for phonetics.
Cognitive Psychology
- Representativeness: Assesses how similar an instance is to a category based on its resemblance.
- Functional Fixedness: Difficulty in utilizing objects in new or innovative ways due to established functional perceptions.
Measurement and Assessment
- Validity: Indicates how well a test measures what it claims to assess.
- Reliability: Refers to the consistency of test results over multiple administrations to the same group.
Intelligence and Biases
- IQ Formula: Calculated as mental age divided by chronological age, multiplied by 100.
- Confirmation Bias: The inclination to seek out information that supports existing beliefs while disregarding contradictory evidence, creating barriers to effective decision-making.
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