Jules and Jim Are Reading a Book Review About a Book

question 23

Multiple Choice

Jules and Jim are reading a book review about a book that both of them have read. Jules hated the book, and seems to feel that the reviewer also hated it. Meanwhile, Jim thought the book was witty and provocative, and he seems to think that the reviewer shares HIS views. It seems as though both Jules and Jim are "seeing" different things when reading the book review. That is, both of them seem to be engaging in the ____.

• A)confirmation bias
• B)self-fulfilling prophecy
• C)false consensus effect
• D)illusory correlation

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Definitions:

Safety Stock

Safety stock is additional inventory held to prevent stockouts due to uncertainties in demand or supply.

Inventory Level

The quantity of goods and materials on hand in a business' inventory at any given time.

Lead Time

The period between the initiation of a process and its completion, especially in manufacturing or project planning.

Memory Chips

Small hardware components used for storing data or code in electronic devices.