Counterfactual Thinking Is More Likely When

question 105

Multiple Choice

Counterfactual thinking is more likely when

• A) we are not expecting a favorable outcome.
• B) we are surprised by favorable results.
• C) we can easily picture an alternative outcome.
• D) the event is insignificant.

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Definitions:

Delphi Method

A structured communication technique, originally developed as a systematic, interactive forecasting method which relies on a panel of experts.

Comparative Analysis

The process of comparing two or more items, such as data sets, statistical results, or models, to identify their similarities and differences.

Simple Exponential Smoothing Model

A forecasting technique that applies smoothing constants to previous observations, typically used for time series data without trend or seasonality.

Trend

A general direction in which something is developing or changing, often identified in data analysis or market movements.