The Presidential election is quickly approaching.Prior to the election,the two major party candidates seem to be tied.After the winner is announced,Frances proclaims,"I knew he/she would win! He/She ran a great campaign." This is an example of
A) hindsight bias.
B) overconfidence.
C) scientific inquiry.
D) perceiving patterns in random events.

Question

Quizplus · Accepted Answer

Frances' statement is an example of hindsight bias, which refers to the tendency to believe, after an event has occurred, that one would have predicted or expected the outcome. In this case, Frances is overestimating her ability to predict the outcome of the election.

The Presidential Election Is Quickly Approaching