Which of the following is true about the overconfidence bias?
A) It occurs when individuals react to arbitrary or irrelevant numbers when setting financial or other numerical targets.
B) It occurs when information that is readily available is incorrectly assessed to also be more likely.
C) It occurs when good outcomes are attributed to personal characteristics, but undesirable outcomes are attributed to external circumstances.
D) It occurs when mistakes seem obvious after they have already occurred.
E) It occurs when individuals have more faith in their abilities to predict an event than logic suggests is actually possible.
Correct Answer:
Verified
Q68: What is a secondary nickname for Generation
Q69: Which of the following is the first
Q70: Which of the following is true about
Q71: According to KLD, which of the following
Q72: Which of the following decision biases may
Q74: The generation born between 1925 and 1946
Q75: As of 2015, What generation makes up
Q76: Which of the following groups is comprised
Q77: Generation X differs from the baby boomers
Q78: Which of the following is a defining
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents