CAT Introduction to Decision Making - Practice Questions & MCQ
Quick Facts
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6 Questions around this concept.
Solve by difficulty
EASYDirections for question: A word and number arrangement machine when given an input line of words and numbers rearranges them following a particular rule in each step. The following is an illustration of an input and its rearrangement:
Input: world 65 32 95 bottle forth 46 hollow 28 15 give comment
Step I: 95 65 32 bottle forth 46 hollow 28 15 give comment world
Step II: 15 95 65 32 bottle forth 46 28 give comment world hollow
Step III: 65 15 95 32 bottle forth 46 28 comment world hollow give
Step IV: 28 65 15 95 32 bottle 46 comment world hollow give forth
Step V: 46 28 65 15 95 32 bottle world hollow give forth comment
Step VI: 32 46 28 65 15 95 world hollow give forth comment bottle (final output)
Answer the following question based on the following input in the above word and number arrangement machine:
‘fire 89 amend the 28 16 bullet crowd 35 53 here 68’
Question: Which of the following would be Step II?
Directions for question: A word and number arrangement machine when given an input line of words and numbers rearranges them following a particular rule in each step. The following is an illustration of an input and its rearrangement:
Input: world 65 32 95 bottle forth 46 hollow 28 15 give comment
Step I: 95 65 32 bottle forth 46 hollow 28 15 give comment world
Step II: 15 95 65 32 bottle forth 46 28 give comment world hollow
Step III: 65 15 95 32 bottle forth 46 28 comment world hollow give
Step IV: 28 65 15 95 32 bottle 46 comment world hollow give forth
Step V: 46 28 65 15 95 32 bottle world hollow give forth comment
Step VI: 32 46 28 65 15 95 world hollow give forth comment bottle (final output)
Answer the following question based on the following input in the above word and number arrangement machine.
‘fire 89 amend the 28 16 bullet crowd 35 53 here 68’
Question: Which element is exactly between ‘89’ and ‘bullet’ in Step IV?
Concepts Covered - 1
Decision Making is a critical aspect of data interpretation and problem-solving. It involves assessing available information, evaluating options, and choosing the most suitable course of action to achieve specific goals or solve a problem effectively.
Key Concepts in Decision Making:
- Information Analysis: Decision Making begins with gathering and analyzing relevant information. This information can be factual data, expert opinions, or past experiences.
- Options Evaluation: Once the information is analyzed, various options or alternatives are assessed based on predefined criteria.
- Rational Choice: Decision Making aims to make rational choices that maximize benefits, minimize risks, and align with the desired outcomes.
Interpreting Decision Making: Decision Making scenarios require you to:
- Analyze the provided information.
- Consider the available options.
- Evaluate the pros and cons of each option.
- Make a reasoned and informed decision.
Example Decision Making:
Let's explore a detailed example of a Decision Making scenario to illustrate these concepts:
Scenario: Buying a New Car
Given Information: You are in the market for a new car. You have researched various car models, and you have the following information:
- Car Model A is known for its fuel efficiency, but it has a higher upfront cost.
- Car Model B is more affordable initially, but it has higher maintenance costs.
- Car Model C has a good balance between cost and fuel efficiency.
Logical Questions:
- Decision Criteria:
- What factors are essential to consider when choosing a new car?
- Option Evaluation:
- Assess the advantages and disadvantages of each car model (A, B, and C) based on your criteria.
- Rational Choice:
- Which car model would you choose, considering your priorities and preferences?
Answers:
- Decision Criteria:
- Factors to consider when choosing a new car may include fuel efficiency, upfront cost, maintenance costs, safety features, brand reputation, and personal preferences.
- Option Evaluation:
- Car Model A: High fuel efficiency, higher upfront cost, average maintenance costs.
- Car Model B: Affordable upfront cost, higher maintenance costs, average fuel efficiency.
- Car Model C: Good balance of cost and fuel efficiency, reasonable upfront cost, and maintenance costs.
- Rational Choice:
- Based on your priorities and preferences, you might choose Car Model C because it offers a reasonable balance between cost and fuel efficiency.
Conclusion:
Decision Making is a crucial skill for solving real-life problems and making informed choices. It involves a systematic approach to assessing information, evaluating options, and selecting the best course of action based on predefined criteria. Proficiency in Decision Making empowers individuals to make sound decisions in various personal and professional contexts.
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