The Tendency to View Outcomes as Inevitable and Predictable After

question 29

Multiple Choice

The tendency to view outcomes as inevitable and predictable after we already know the outcome is known as ________.

• A) hindsight bias
• B) framing
• C) counterfactual thinking
• D) the confirmation bias

Learn to use data tables for Monte Carlo simulations in Excel.

Understand the differences and uses of Monte Carlo and Latin Hypercube sampling.

Learn to interpret and apply statistical techniques such as bootstrapping within Crystal Ball.

Understand the application of tornado and sensitivity charts for decision making.

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Definitions:

Evolution

The evolutionary process that leads to the diversification and development of diverse living organisms from their predecessors throughout Earth's past.

Homology

A similarity in sequence or structure between different genes or proteins, often due to a common evolutionary origin.

Phylogeny

The evolutionary history and lineage of species or groups of species, construction of their "family tree".