Our tendency to believe that we can predict the outcome of random events is known as:
A)chance bias.
B)gambling effect.
C)risk aversion.
D)none of the above.

Question

Quizplus · Accepted Answer

The options provided (chance bias, gambling effect, risk aversion) do not accurately describe the tendency to believe we can predict the outcome of random events. This tendency is more accurately referred to as the "illusion of control," which is not listed among the options.

Our Tendency to Believe That We Can Predict the Outcome