An employer interviews a job candidate for 15 minutes. On the basis of this interview, the employer decides that the candidate will perform well in the job, so he hires her. This is a case of a: O A. sound decision because the employer is making use of available information. O B. sound decision because the employer is employing base rates. O C. potential error because the employer is assuming that a small sample of information (the interview) is representative of a broader pattern (job performance). O D. potential error because the employer is relying on schema-based reasoning rather than deduction. Reset Selection O Mark for Review What's This?

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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An employer interviews a job candidate for 15 minutes. On the basis of this interview, the employer decides that the candidate will perform well in the job, so he hires her. This is a case of a:
O A. sound decision because the employer is making use of available information.
O B. sound decision because the employer is employing base rates.
O C. potential error because the employer is assuming that a small sample of information (the interview) is representative of a broader pattern (job performance).
O D. potential error because the employer is relying on schema-based reasoning rather than deduction.
Reset Selection
O Mark for Review What's This?
Question 18 of 45
A base rate is defined as information:
O A. that helps us to identify which specific candidates have a target property.
O B. about the broad likelihood of a particular type of event.
O C. indicating the internal variability of a set or category.
O D. that can be used to diagnose an individual category member.
Reset Selection
O Mark for Review what's This?
Transcribed Image Text:An employer interviews a job candidate for 15 minutes. On the basis of this interview, the employer decides that the candidate will perform well in the job, so he hires her. This is a case of a: O A. sound decision because the employer is making use of available information. O B. sound decision because the employer is employing base rates. O C. potential error because the employer is assuming that a small sample of information (the interview) is representative of a broader pattern (job performance). O D. potential error because the employer is relying on schema-based reasoning rather than deduction. Reset Selection O Mark for Review What's This? Question 18 of 45 A base rate is defined as information: O A. that helps us to identify which specific candidates have a target property. O B. about the broad likelihood of a particular type of event. O C. indicating the internal variability of a set or category. O D. that can be used to diagnose an individual category member. Reset Selection O Mark for Review what's This?
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