Certainty Effect
A cognitive bias where people give greater weight to outcomes that are certain compared to those that are merely probable.
A cognitive bias where people give greater weight to outcomes that are certain compared to those that are merely probable.
A statistical phenomenon where a large number of hypotheses are tested, increasing the chance of a rare event being observed.
A statistical rule stating that nearly all values in a normal distribution (99.7%) lie within three standard deviations (sigma) of the mean.
A research method where participants record their activities, experiences, and thoughts over a period of time, providing insights into their behaviors and needs.
A Japanese term meaning "the real place," used in Lean management to describe the place where value is created.
The tendency for individuals to put in less effort when working in a group compared to when working alone, due to reduced accountability.
A mental shortcut that relies on immediate examples that come to mind when evaluating a specific topic, concept, method, or decision.
Numeronym for the word "Localization" (L + 10 letters + N), adapting a product or content to meet the language, cultural, and regional preferences of a specific target market.
A form of regression analysis where the relationship between the independent variable and the dependent variable is modeled as an nth degree polynomial.