Our tendency to overestimate our powers of prediction once we know the outcome of a given event is known as:

Question

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The tendency to overestimate our ability to predict an event once we know the outcome is known as the hindsight bias. This bias can lead us to believe that we knew the outcome all along, even if we had no basis for our predictions beforehand. This bias is a common phenomenon in social psychology research.

Our Tendency to Overestimate Our Powers of Prediction Once We