FAST Critical Thinking and Decision Making 5

Question 1

A team must decide quickly under time pressure with incomplete information. The best critical thinking approach is to:

Accepted Answer

Identify the most critical unknowns, make the best decision possible, and build in a review checkpoint

Answer

Effective decision-making under uncertainty involves identifying key gaps, acting on best available information, and creating a mechanism to course-correct.

Question 2

Which of the following best demonstrates inductive reasoning?

Accepted Answer

Every project completed on Monday this year finished under budget, so Monday project starts tend to be cost-efficient

Answer

Inductive reasoning draws general conclusions from specific observations, though the conclusion remains probabilistic rather than certain.

Question 3

A risk assessment rates an event as high-impact but very low-probability. The most rational response is to:

Accepted Answer

Develop a contingency plan proportional to the potential impact

Answer

Low-probability, high-impact risks warrant contingency planning — not ignoring or over-reacting — so resources are available if the event occurs.

Question 4

An employee notices her team consistently attributes project failures to external factors (bad luck, poor client) but takes full credit for successes. This pattern is called:

Accepted Answer

Self-serving bias

Answer

Self-serving bias is the tendency to attribute successes to oneself and failures to external causes to protect self-esteem.

Question 5

When evaluating an argument, which question is most useful for identifying a hidden assumption?

Accepted Answer

What must be true for the conclusion to follow from the premises?

Answer

Hidden assumptions are unstated premises the argument depends on; exposing them is key to evaluating argument validity.

(FAST) Future Aptitude Selection Tool Practice Test

(FAST) Future Aptitude Selection Tool Practice Test

FAST Critical Thinking and Decision Making 5