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oksano4ka [1.4K]
3 years ago
14

How are random events taken into consideration during both hindsight bias and overconfidence?

Business
1 answer:
Orlov [11]3 years ago
6 0
The hindsight bias and overconfidence, plus our eagerness to perceive patterns in random events, can cause tendencies that may lead us to overestimate our intuition. Intuition and intellect are not always accurate, therefore these factors are not trustworthy compared to scientific facts or scientific inquiry which can help us overcome our intuition’s biases and shortcomings.
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To enable remarketing in Google Analytics, what must first be enabled? A) Advertising Reporting Features B) Demographics and Int
Sauron [17]

Answer:

A. Advertising Reporting features and

C, Google Ads or display & video 360 account.

Explanation:

To enable re-marketing of google analytics, the first thing to enable is the advertising reporting features. This can be done by modifying your property settings or tracking code. This allows analytics to collect more information on web activity.  

Google Ads or display is a way of advertising online to increase one's  marketing efforts while video 360 account is a tool that assists creative or media or advertisement teams to successfully advertise.

I hope this helps.  

7 0
3 years ago
Determine the single plantwide factory overhead rate, using each of the following allocation bases: (a) direct labor hours and (
Fofino [41]

Answer and Explanation:

1.

The direct labor overhead rate using the direct labor hours is shown below:-

Direct labor overhead rate = Total overheads ÷ Direct labor hours

= $220,800 ÷ 1,725

= $128

b. The machine hour overhead rate using the machine hours is

= Total overhead ÷ Machine hours

= $220,800 ÷ 4,600

= $48

2.

The factory overhead costs using direct labor hour is

Particulars             Automobile       Valve        Wheels        Total

                                bumpers           covers

Direct labor            

hours                        730                 480                515

Overhead rate         $128               $128              $128

Total                        $ 93,440        $61,440        $65,920     $220,800

For determining the total overhead we simply multiply the direct labor hours with overhead rate.

The factory overhead costs using machine hour is

Particulars             Automobile       Valve        Wheels        Total

                                bumpers           covers

Machine hours          1,970               1,270         1,360

Overhead rate            $48                  $48              $48

Total overhead        $94,560         $60,960    $65,280      $220,800

For determining the total overhead we simply multiply the machine hours with overhead rate.

7 0
3 years ago
Suppose that everyone who has looked for a job for more than six months gave up in despair and stopped looking. What would happe
Alexxandr [17]

Answer:

It would fall

Explanation:

The unemployment rate measures the amount of people who are out of a job for at least 4 weeks, and are actively seeking to find a new job. If a person is not willing or able to search for a job, he/she is not considered unemployed nor part of the labor force.

If unemployed people just quit looking for jobs, the unemployment will decrease even though the number of people who are out a job increases. This happens because as soon as someone quits looking for new job, they are not considered unemployed anymore.

6 0
3 years ago
Cost outlays are recorded as an expense when they are incurred to earn revenue in the _______________ accounting period
Deffense [45]

Answer:

Present

Explanation:

An outlay cost is a cost incurred at the time when we have to execute the strategy or purchasing an asset. It can be paid to the vendors for purchasing the goods like for inventory. So this cost should be recognized as an expense when they are incurred in order to earn the revenue in the current or present accounting period

8 0
3 years ago
Kyle is a strict boss. He is more concerned about the successful execution of tasks than the wellbeing of his employees. As a re
abruzzese [7]

Answer:

The answer is option (C) authority-compliance style.

Explanation:

The authority-compliance style In the context of the Blake/Mouton leadership grid describes when managers or bosses are overly concerned about the effectiveness with which their employees or subordinates get work done without regard for the well being of such employees.  

This kind of dictatorial management style is due to the fact that a manager or boss believes that the needs of his/her subordinates or employees are relatively unimportant when compared to achieving success or getting work effectively done.

7 0
3 years ago
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