The Confirmation Bias Makes What Prediction About Human Behavior

question 8

Multiple Choice

The confirmation bias makes what prediction about human behavior?

• A) People will seek out supporting evidence for their beliefs.
• B) People judge the probability of an event by how closely it matches their schemas.
• C) People will prefer sure wins over gambles.
• D) People will prefer gambles over sure losses.

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Definitions:

Horizontal Analysis

A financial analysis technique that evaluates the changes in the amounts of financial statement items over a period.

Sales

The total amount of goods or services sold by a company during a specific period of time, indicating the company's primary revenue generation activity.

Horizontal Analysis

A financial tool used for comparing financial statements over two or more periods, focusing on the growth, decline, or consistency across those periods.

Income Statement

A financial statement that shows the revenues, expenses, and profits or losses of a company over a specific period of time.