Professor Emil was shocked to learn that almost 25% of her statistics class submitted their final project online days past the due date. Interestingly enough, Professor Emil never received emails from her students suggesting that there was any concern about having enough time to complete the project. This suggests that students waited until the last minute to start the project. As a result, they likely underestimated the amount of time it would take to complete Professor Emil's comprehensive, multi-step statistics project. By students thinking they could complete the entire project in an abbreviated amount of time, they demonstrated the:
A) overconfidence phenomenon.
B) representativeness heuristic.
C) availability heuristic.
D) hindsight bias.

Question

Quizplus · Accepted Answer

The overconfidence phenomenon is when individuals overestimate their ability to perform tasks, such as completing a project within a short timeframe. This is demonstrated by the students' belief that they could complete the comprehensive project quickly, leading to late submissions.

Professor Emil Was Shocked to Learn That Almost 25% of Her