3 ways to make better decisions -- by thinking like a computer

What city is mentioned as being difficult to find a place to buy or rent?

• London

• Sydney

• Tokyo

• New York

What percentage of the market should you look at before making an offer to maximize finding the best place?

• 25 percent

• 45 percent

• 37 percent

• 50 percent

What is trying to find a place to live an example of?

• Risk management

• Computational complexity

• Exploration dilemma

• Optimal stopping problem

What profession does the speaker belong to?

• Mathematician

• Real Estate Agent

• Computer Programmer

• Computational Cognitive Scientist

What trade-off do you face when deciding what restaurant to go to?

• Explore-exploit trade-off

• Time-management trade-off

• Cost-benefit analysis

• Risk-reward ratio

What principle can help organize your wardrobe according to the text?

• First-in, first-out

• Random selection

• Least recently used

• Most recently used

What does the speaker suggest is the most important question to ask when tidying your wardrobe?

• When was the last time I used it?

• Is it a duplicate?

• Does it still function?

• How long have I had it?

What is the probability of finding the best place if you follow the 37 percent rule?

• 50 percent

• 75 percent

• 25 percent

• 37 percent

What does computer science help us to be more forgiving of?

• Our own limitations

• Technological failures

• Unpredictable outcomes

• Other people's mistakes

What does the speaker say about babies' behavior?

• It's a sign of intelligence

• It's optimal for their explore phase

• It's irrational

• It's unpredictable