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all of us have biases, but most of us have a hard time seeing our own. what biases influence your decisions and solutions to problems?

all of us have biases, but most of us have a hard time seeing our own. what biases influence your decisions and solutions to problems?

1. A piece of paper is folded in half . It is folded in half again , and so on. After 100 folds , how thick will it be?

Take your best guess: I am 90 percent sure that the correct answer lies between ______ and ______. ( what bias influenced the solution)

2. Which figure below is most different from the others? (picture is attached) (what bias influenced the solution)

3. as owner and ceo of your company , you decided to invest $100 million to build pilotless drones that cannot be detected by enemy radar . when the project is 90 percent complete , a competing firm begins marketing a completed drone that cannot be detected by radar . in addition , their drone is much faster , smaller , cheaper , and more sophisticated than the drone that your company is developing . the question is : should you invest the last 10 percent of the research funds to finish the drone ? choose one of the following answers:

a. no, there is no reason to continue spending money on the project .

b. yes; after investing $90 million , we might as well finish the project

(what bias influenced the solution)

4. Robert is envious, stubborn, critical, impulsive, industrious, and intelligent. In general, is how emotional is Robert on a scale of 1-10? With 1 being not at all and 10 being very emotional. (what bias influenced the solution)

5. Which would you choose between the two below?

A. a 50% chance of gaining $1,000

B. a sure gain of $500

(what bias influenced the solution)

6. Which would you choose between the two below?

A. a 50% chance of losing $1,000

B. a sure loss of $500

(what bias influenced the solution)

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