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1) Describe the linearity assumption and the concept of relevant range. Provide a numeric example of each. From a planning and analysis perspective is one
1) Describe the linearity assumption and the concept of relevant range. Provide a numeric example of each.
From a planning and analysis perspective is one of the two topics more important than the other?
2) Describe the concept of cognitive bias and give an example of where you have seen this occur in your work or school life.
Explain how this concept might be used or misused in one of the management functions of planning, directing or controlling.
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