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  2. Correlation does not imply causation - Wikipedia

    en.wikipedia.org/wiki/Correlation_does_not_imply...

    This suggests a possible "third variable" problem, however, when three such closely related measures are found, it further suggests that each may have bidirectional tendencies (see "bidirectional variable", above), being a cluster of correlated values each influencing one another to some extent. Therefore, the simple conclusion above may be false.

  3. Causal reasoning - Wikipedia

    en.wikipedia.org/wiki/Causal_reasoning

    Causal reasoning is the process of identifying causality: the relationship between a cause and its effect.The study of causality extends from ancient philosophy to contemporary neuropsychology; assumptions about the nature of causality may be shown to be functions of a previous event preceding a later one.

  4. List of cognitive biases - Wikipedia

    en.wikipedia.org/wiki/List_of_cognitive_biases

    The tendency for people of one race to have difficulty identifying members of a race other than their own. Egocentric bias: Recalling the past in a self-serving manner, e.g., remembering one's exam grades as being better than they were, or remembering a caught fish as bigger than it really was. Euphoric recall

  5. Project management triangle - Wikipedia

    en.wikipedia.org/wiki/Project_management_triangle

    Another approach to project management is to consider the three constraints as finance, time and human resources. If you need to finish a job in a shorter time, you can throw more people at the problem, which in turn will raise the cost of the project, unless by doing this task quicker we will reduce costs elsewhere in the project by an equal ...

  6. Response bias - Wikipedia

    en.wikipedia.org/wiki/Response_bias

    A survey using a Likert style response set. This is one example of a type of survey that can be highly vulnerable to the effects of response bias. Response bias is a general term for a wide range of tendencies for participants to respond inaccurately or falsely to questions.

  7. Information deficit model - Wikipedia

    en.wikipedia.org/wiki/Information_deficit_model

    These factors include ethical, political, and religious beliefs, in addition to culture, history, and personal experience. Put another way, people's sense of risk extends beyond the purely scientific considerations of conventional risk analysis, and the deficit model marginalizes these 'externalities'. It is now widely accepted that the best ...

  8. 3. Pay-yourself-first budget: Best for saving and building wealth. As the name suggests, the pay-yourself-first budget emphasizes saving and investing before spending money on other things.

  9. Suggestive question - Wikipedia

    en.wikipedia.org/wiki/Suggestive_question

    Loftus stated that everyone is affected by suggestive questioning, and it comes from environmental factors instead of innate factors. William S. Cassel, a professor at the University of New Orleans conducted an experiment that was performed on Kindergarten, Grade 2, Grade 4, and adult subjects.