Group decision making is superior to individual decision making when under time constraints.

You are working in the analytics division of a home garden company. Your supervisor asks you to analyze data from recent purchases and determine how much yard mulch you can expect to sell during the next quarter. The computer model that you use to forecast the amount tells you that you can expect to sell 215,312 units over the next 12 weeks. Unfortunately, the computer program did not take into account that the next quarter will be winter and thus the “normal” assumptions don’t apply. This is an example of a forecast that is high __________, but low ___________.

Nate Silver argues that good gamblers use Bayesian Statistics because they update their odds with each new piece of evidence (e.g., condition) that occurs. Thus their posterior probability is a function of the ________ probability and the conditions that have occurred since then.

About ________ of the body’s vitamin A stores are found in the liver.

Of these foods, which is the best source of riboflavin (B2) per kcalorie?

Intuition is better than rule-based models for making investment decisions.

An important function of selenium is to _____.

Which of the following is true of manganese?

According to Dr. Shiv, “Emotionals” are typically more decisive than “Vulcans”.

In the past 10 years there has been an explosion of data, and much of this data is readily available to businesses. Which of the following are potential risks of having “too much data”?