Alice believes she can accurately forecast the future and makes business decisions based on this belief. Which characteristics does this belief represent?
A) Overconfidence
B) Overoptimism
C) Affect heuristic
D) Confirmation bias
E) Representativeness heuristic

Question

Quizplus · Accepted Answer

Alice's belief that she can accurately forecast the future is an example of overconfidence, as she likely overestimates her ability to predict uncertain events.

Alice Believes She Can Accurately Forecast the Future and Makes