How to Measure Anything Workbook: Finding the Value of Intangibles in Business

CHAPTER 12 The Ultimate Measurement Instrument: Human Judges

1. D
2. A
3. C
4. False. He found no correlation.
5. B
6. A
7. C
8. True
9. C
10. A
11. False
12. E
13. False. They merely reduce inconsistency error of experts. They are generally inferior to models based on objective historical data.
14. A
15. B
16. E
17. False
18. B
19. A
20. =ln(0.4/0.6) = -0.405
21. 50%; in Excel you can write =1/(1/exp(0)+1).