Decision-making consists of the logical application of information. Human decision-making and computer-based decision-making are different. Human decision-making relies on nuances and impressions that are not represented in recorded data, and they are subject to behavioral and other factors not represented in the sterile logic of computer algorithms. Computers are capable of analyzing large data collections, ensuring that important data are not overlooked, reacting instantly to critical events, and operating in ways that ensure consistent processes. Computers therefore assist in decision-making but rarely substitute for human judgment. This chapter concerns the logical aspects of decision-making, including statistics and logic theory.
Chapter. 8248 words. Illustrated.
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