The Tendency to Look for Evidence in Support of a Belief

question 109

Multiple Choice

The tendency to look for evidence in support of a belief and to ignore evidence that would disprove a belief is called the ________.

• A) representativeness heuristic
• B) idealized cognitive model
• C) confirmation bias
• D) availability heuristic

Identify the phases and best practices in group decision-making processes.

Analyze the effects of group composition and interaction on problem-solving efficiency and decision accuracy.

Appreciate the role of collective memory and information processing in groups compared to individual abilities.

Understand various methods of reaching group decisions, including consensus and voting, and their impact on group satisfaction and decision acceptance.

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Definitions:

Risk-Free Rate

The return on an investment with no risk of financial loss, often represented by government bonds.

Beta

A measure of a stock's volatility in relation to the overall market; indicates the relative risk of the investment.

Expected Rate of Return

The profit or loss one anticipates on an investment, considering all potential outcomes and their likelihoods.

AT&T Stock

Equity shares of AT&T Inc., a multinational conglomerate holding company and one of the world's largest telecommunications companies.