Anytime Ted analyzes a proposed project,he always assigns a much higher probability of success to the project than is warranted by the information he has gathered.Ted suffers from which one of the following?
A)frame dependence
B)overconfidence
C)gambler's fallacy
D)confirmation bias
E)overoptimism

Question

Quizplus · Accepted Answer

Ted's tendency to assign a higher probability of success to a project than is warranted suggests that he is overoptimistic.

Anytime Ted Analyzes a Proposed Project,he Always Assigns a Much