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This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 19 - 24.

Multiple Choice Questions

1. What example is presented in the opening of Chapter 1 to demonstrate slow thinking?
(a) A picture of a stream.
(b) A picture of an angry woman.
(c) A compound sentence.
(d) A multiplication problem.

2. The author asserts that errors of prediction are inevitable for what reason?
(a) Because we do not have the math to calculate the future.
(b) Because humans lack statistical knowledge.
(c) Because the world is unpredictable.
(d) Because humans lack objectivity.

3. The operations of System 2 have one feature in common. What is this feature?
(a) They are fast.
(b) They require attention.
(c) They are automatic.
(d) They are heuristic.

4. What term introduced by Nassim Taleb describes how flawed stories of the past shape our views of the present and the future?
(a) Narrative fallacy.
(b) Ego fallacy.
(c) Availability fallacy.
(d) Confidence fallacy.

5. When did the CIA obtain information that al-Qaeda might be planning a major attack against the United States?
(a) September 9, 2001.
(b) January 2, 2000.
(c) July 10, 2001.
(d) March 12, 2001.

Short Answer Questions

1. What term is used to describe the adoption and termination of task sets by psychologists?

2. How many pairs of competing companies are analyzed in Built to Last?

3. The author states that people's predilection for causal thinking exposes them to serious mistakes in evaluating what?

4. What happened to bond prices on the day of Saddam Hussein's capture in Iraq?

5. Who is the author of Clinical vs. Statistical Prediction: A Theoretical Analysis and a Review of the Evidence?

(see the answer key)

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