Which of the Following Is an Example of Flawed Inductive

question 3

Multiple Choice

Which of the following is an example of flawed inductive reasoning due to predictable-world bias?

• A) Basing your assessment of the likelihood of a political candidate being elected based off your co-workers' preferences.
• B) Believing a hedge fund will consistently beat the market in the future, because of its dominant performance over the last 3 years.
• C) Gauging customer satisfaction of a product based on the voluntarily submitted comments on a product's webpage.
• D) None of the answers is correct.

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Definitions:

Homeless Person

An individual who lacks stable, permanent, and adequate housing, often living in shelters, on the streets, or in places not meant for human habitation.

Just-World Hypothesis

The cognitive bias suggesting that actions invariably lead to fair and just consequences, essentially believing that the world is fundamentally just.

Orderly

Describes a condition or manner that is neatly and systematically arranged, maintaining a structured and efficient environment.

Predictable

Being able to be foreseen or expected, allowing for anticipation of what is likely to happen.