The Fundamental Attribution Error Refers to How People Tend to Overestimate

question 301

Multiple Choice

The fundamental attribution error refers to how people tend to overestimate the importance of personal factors and the importance of situational factors, when explaining other people's behaviours.

• A) ignore
• B) underestimate
• C) overcompensate
• D) overestimate

---

Definitions:

Make-Or-Buy

A strategic decision regarding whether to produce goods internally or purchase them from an external supplier.

Decision Tree

A graphical tool used in decision making to visually represent different choices and their possible outcomes, including chance event outcomes, costs, and utilities.

EMV

Expected Monetary Value; a calculation in decision theory and statistics used to determine the expected value of an uncertain outcome by combining the probabilities of possible outcomes with their respective gains or losses.

Process B

A specific sequence of steps or operations in a series of processes, distinguished by its unique characteristics or outcomes.