Exam 3: Perception and Individual Decision Making

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What are the three classes of factors that influence perception?

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Investors bragged about their investing expertise during the US stock market rally between 1996 and early 2000, then blamed analysts, brokers, and the US Federal Reserve when the market imploded in 2000. These investors were most probably guilty of what?

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Personal characteristics affecting perception include the time at which an object or event is seen.

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The students in your class are presenting their oral presentations in front of the entire class. You have heard that there are several frequently used shortcuts to judging others and are wondering if any of these are being used by your teacher. -Camilla has already presented two excellent reports. The report she has just presented is clearly not as good as the first two reports, yet she is given the same high grade as before. What shortcut has the teacher used in this case?

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Whenever Jana is successful she takes full credit for what has happened, but whenever she is unsuccessful she attributes her failure to bad luck or blames one of her fellow employees. She is guilty of _____ .

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Expertise is the foundation for all creative work.

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The tendency for individuals to attribute their successes to internal factors while putting the blame for failures on external factors is called the fundamental attribution error.

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Availability bias is the tendency for people to base judgments on information that is readily available to them.

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The students in your class are presenting their oral presentations in front of the entire class. You have heard that there are several frequently used shortcuts to judging others and are wondering if any of these are being used by your teacher. -Ayeisha has just presented her paper and has done a really good job. Why should you not want to present your own paper directly after she does?

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When the police began searching for a serial killer, they stopped only vehicles carrying Caucasian males. What are the police engaging in?

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