Which of the Following Is a True Statement About Psychologists

question 138

Multiple Choice

Which of the following is a true statement about psychologists' susceptibility to hindsight bias?

• A) Even properly trained psychologists can be biased when they interpret their data, and so they must be as careful as possible not to let bias affect their conclusions.
• B) Properly trained psychologists are very aware of the possibility of hindsight bias impacting their research, and thus are able to eliminate this problem from their studies.
• C) Proper statistical manipulation can offset the effects of any hindsight bias in research, so as long as a psychologist is properly trained in the use of statistics, hindsight bias becomes insignificant.
• D) Hindsight bias does not refer to the errors that researchers make. It is a type of error that research participants make.

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Definitions:

Keynes

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The Classicals

A group of economists in the 18th and 19th centuries, including Adam Smith and David Ricardo, who developed theories about how economies function.

Price Level

The overall level of prices for goods and services in an economy at a specific point in time.

Aggregate Supply Curve

Curve showing the level of real GDP produced at different price levels during a time period, ceteris paribus.