Anytime Ted analyzes a proposed project, he always assigns a much higher probability of success to the project than is warranted by the information he has gathered. Ted suffers from which one of the following?
A) Frame dependence.
B) Overconfidence.
C) Gambler's fallacy.
D) Confirmation bias.
E) Over-optimism.

Question

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The Answer of Anytime Ted analyzes a proposed project, he always assigns a much higher probability of success to the project than is warranted by the information he has gathered. Ted suffers from which one of the following?
A) Frame dependence.
B) Overconfidence.
C) Gambler's fallacy.
D) Confirmation bias.
E) Over-optimism.

Anytime Ted Analyzes a Proposed Project, He Always Assigns a Much