GROWTH DEVELOPMENT CHILD
COGNITION AND EMOTIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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algorithm
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heuristic
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Either A or B
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None of the above
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Detailed explanation-1: -A heuristic is a rule-of-thumb, or a guide toward what behavior is appropriate for a certain situation. Heuristics are also known as “mental shortcuts” (Kahneman, 2011). Such shortcuts can aid us when we face time pressure to decide, or when conditions are complex and our attention is divided.
Detailed explanation-2: -A problem-solving heuristic is an informal, intuitive, speculative procedure that leads to a solution in some cases but not in others. The fact that the outcome of applying a heuristic is unpredictable means that the strategy can be either more or less effective than using an algorithm.
Detailed explanation-3: -A rule of thumb (heuristic) is a description of an informal or a formal problem-solving process not necessarily 100% reliable. Vignette: The Merger Fiasco. As the CEO of a technology company, I had to consider a number of merger or acquisition opportunities.
Detailed explanation-4: -Heuristic rules are shortcuts that deliver quicker decisions than traditional methods when problem-solving in computing and elsewhere – we could even say they are used to reach educated guesses.