After Predicting World Events,such as Whether Quebec Would Separate from Canada,mistaken

question 283

Multiple Choice

After predicting world events,such as whether Quebec would separate from Canada,mistaken experts maintained that they were "almost right." This attitude is an example of

• A) overconfidence.
• B) an empirical approach.
• C) critical thinking.
• D) chance-related explanation.

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Definitions:

Batching Economies

The cost advantages gained by producing or processing goods in large batches, as opposed to individually or in small quantities.

Procurement

The process of sourcing and acquiring goods, services, or works from an external source, often through tendering or competitive bidding.