"I'm SO glad I didn't bet on the Yankees to win the World Series this year," Vittorio said to his wife Debbie."I knew that even though they had all of the best players and the highest payroll that they wouldn't win!" The fact that Vittorio said this the day after the Yankees lost the last game of the World Series is an example of the __________ bias.

Question

Quizplus · Accepted Answer

The statement "I knew that even though they had all of the best players and the highest payroll that they wouldn't win!" suggests that Vittorio is using hindsight bias, which is the tendency to believe that one would have predicted or expected an event after the fact.

"I'm SO Glad I Didn't Bet on the Yankees to Win