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  3. 7. masuo receives a detailed report on customer pr

7. Masuo receives a detailed report on customer preferences for his company's products. What should...

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Accounting

7. Masuo receives a detailed report on customer preferences for his company's products. What should he do in order to avoid anchoring bias?

Select an answer:

Look at the conclusions before he examines the information.

Try to predict the conclusions before he looks at the report.

Analyze the information before he reads the conclusions.

8. If you are faced with having to make a decision, when will hindsight bias be involved?

Select an answer:

when you start thinking that you could have made a better decision

as you review the data before making the decision

after you make the decision and you see the outcome

9. Lea is certain that her company's largest customers buy the most products per order, so she only examines the sales data from the 10 largest customers. What type of bias is Lea creating in her review?

Select an answer:

outcome bias

anchoring bias

confirmation bias

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