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.

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Definitions:

Appropriations Bill

Legislation passed by Congress that provides funding for government agencies and programs.

Fiscal Year

A financial period used by governments and businesses for accounting and budget purposes, often not aligned with the calendar year.

Trustee

An individual or organization entrusted to manage or oversee assets, properties, or interests on behalf of others, often within a legal or fiduciary capacity.

Instructed Delegate

A representative who acts according to the explicit instructions or wishes of their constituents, regardless of their personal opinions.