Two Biases That Can Be Major Obstacles to Making Correct

question 403

Multiple Choice

Two biases that can be major obstacles to making correct predictions and decisions are ________.

• A)relativity hypothesis and mental set
• B)overconfidence and underconfidence bias
• C)mental set and deductive reasoning
• D)confirmation and overconfidence bias

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Definitions:

Equity

The concept or principle of fairness or justice in the way people are treated and opportunities are distributed.

Equality

The state of being equal, especially in status, rights, and opportunities.

Compromise

A method of resolving a disagreement where each party gives up something that was originally wanted to reach a mutually acceptable solution.

Life Fairness

The subjective assessment of the balance or equity of life circumstances and events.