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Decision Making: Carter Racing
Plan for today:Collect case notesPass back case notesOffice hour today is canceledBusiness Job Fair reminderReviewCarter Racing case
COB eventsSept. 30:Business Job & Internship FairCareers in Finance breakfast and panel speakersRegister on HandshakeAlso preparation workshops on HandshakeResume writing and reviewPractice your pitch
ReviewWhat’s a group?What’s the effect of group size on performance?When are groups better than individuals?When are individuals better than groups?What is collective intelligence and what predicts it?
Group Decision MakingCarter Racing:Will You Race Or Not?(.wav
Your DecisionShould they race?Form groups of 3.Choose roles: John, Paul, or Tom20 minutes to make a decision
Your Group’s DecisionHow many groups decided to race? Not race?Did group decision match individual decision?For groups who decided not to race, Why?For groups who decided to race, Why?How did you arrive at your decision?Individually?In the group?
Exhibit 1456501234Relationship between temperature and gasket failuresAmbient air temperature (in degrees)# of breaks in head gasket during each raceCorrelation, r, = -.26, p = .58, not significant
Exhibit 2606570758085909501234Ambient temperature for races without blown gasketsAmbient air temperature (in degrees)Number of racesCorrelation = -.34, p = .26, not significant