Mike Crampton's Stockbroker Has Informed Him That He Has Suffered

question 752

Multiple Choice

Mike Crampton's stockbroker has informed him that he has suffered substantial investment losses. When Mike tells his wife,she angrily responds,"I could have told you that your investment plan would fail!" Her comment best illustrates

• A)hindsight bias.
• B)illusory correlation.
• C)the placebo effect.
• D)replication.

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