Which of the Following Statements Is Most Accurate

question 225

Multiple Choice

Which of the following statements is most accurate?

• A)In their predictions about personal matters, people tend to be more accurate than confident.
• B)Even professionals and experts tend to be overconfident about their own predictions.
• C)The overconfidence effect is seen only when making predictions about events that have no personal significance.
• D)The overconfidence effect is seen only when making predictions about events that have personal significance.

---

Definitions:

Standard Error

The standard deviation of the sample distribution of a statistic, used to estimate the accuracy of the sample mean as a predictor of the population mean.

Sample Proportion

The fraction or percentage of the sample that represents part of a particular category or characteristic of interest.

Null Hypothesis

A hypothesis that assumes no significant difference or effect in the context of an experiment or test.

Alternative Hypothesis

A hypothesis that contradicts the null hypothesis, suggesting that there is a significant effect or difference.