Fred is a great decision maker,but he is superstitious,so he steadfastly maintains that he will not make any big decisions on Friday the 13th.This is known as
A)perceptual bias.
B)availability bias.
C)randomness error.
D)winner's curse.
E)escalation of commitment.

Question

Quizplus · Accepted Answer

Fred's belief in avoiding decision-making on Friday the 13th due to superstition is an example of randomness error, where individuals believe they can predict the outcome of random events.

Fred Is a Great Decision Maker,but He Is Superstitious,so He