According to the text, when Richard Branson launched the Pulse MP3 to compete with Apple's iPod, this was an example of:
A)systematic errors
B)illusion of control and overconfidence bias
C)prior hypothesis bias
D)escalating commitment
E)representative bias

Question

Quizplus · Accepted Answer

Richard Branson believed he could compete with Apple's successful iPod by launching the Pulse MP3, indicating an illusion of control and overconfidence bias.

According to the Text, When Richard Branson Launched the Pulse