The __________ bias refers to our tendency to overestimate our ability to predict known outcomes,whereas the __________ bias reflects the overestimation of our ability to make correct predictions.
A)hindsight;representative
B)hindsight;overconfidence
C)overconfidence;representative
D)overconfidence;hindsight

Question

Quizplus · Accepted Answer

Hindsight bias refers to the tendency to overestimate our ability to predict known outcomes, whereas overconfidence bias reflects the overestimation of our ability to make correct predictions.

The __________ Bias Refers to Our Tendency to Overestimate Our