Marty had arranged for a high-profile speaker to deliver the keynote address at her college's annual function. However, due to unforeseen circumstances, the speaker was forced to drop out at the last moment. Marty reacts to this news by saying, "I knew all along that this would happen." This is an example of the ________.
A) anchoring effect
B) availability bias
C) self-serving bias
D) hindsight bias

Question

Quizplus · Accepted Answer

Marty's statement implies that she believed she had predicted the outcome, which is a characteristic of hindsight bias (also known as the "I-knew-it-all-along" effect). This bias refers to the tendency to believe, after an event has occurred, that one would have predicted or expected that outcome.

Marty Had Arranged for a High-Profile Speaker to Deliver the Keynote