03 May QuestionQuantitative Decision Making- Discussions Unit 5 Discussion – How Can Biases
Question
Quantitative Decision Making- Discussions Unit 5 Discussion – How Can Biases Affect Data & “Facts”?
Unit 5 Discussion – How Can Biases Affect Data & “Facts”? (Due Wednesday)
Estimated time to complete: 2 hours
- Please complete the following steps for your discussion post and response.
- Please be sure to validate your opinions and ideas with citations and references in APA format.
- Please review post and response expectations. Please review the rubric to ensure that your response meets criteria.
- Cite any resources/references in APA formatting that were used in the discussion – if applicable.
Discussion Prompt(s)
When making decisions business people are searching for accurate data to base their models on. However, sometimes implicit and explicit biases can affect not only what data sources are selected but also how that data is interpreted.
Considering this please address the following prompts in your discussion:
- Think of a business example of how a bias created a poor analysis, decision or outcome. How could this have been avoided?
- Support your ideas with examples and/or references.
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