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1. 250 words plus- *NOTICE* When discussing be sure to support your position by citing scholarly references.
Inductive statistics concerns drawing conclusions based on a sample of data available for analysis and the use of appropriate statistics, such as the mean and standard error of some variable in the data set. For a conclusion to be generally useful, the sample must be representative of the population of interest. Give an example of how sample design can be illogical. Will an illogical design automatically sabotage the usefulness of results? Why or why not?
2. 250 words plus- *NOTICE* When discussing be sure to support your position by citing scholarly references.
Emotional motivation can both improve and impair logical decision making. When the consequences of a bad decision are very great, risk aversion may become greater, and the same applies when uncertainty becomes greater. Compare the advantages of heuristic versus algorithmic decision-making for situations when great losses (such as total destruction of a city) are possible. Which would be the best decision-making method? Why?