A(n)________ Occurs When Decision Makers Think They Know More Than

question 142

Multiple Choice

A(n) ________ occurs when decision makers think they know more than they do or hold unrealistically positive views of themselves and their performance.

• A)hindsight bias
• B)confirmation bias
• C)overconfidence bias
• D)self-serving bias

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Definitions:

Service Time

The duration for which a service is provided or the length of time an employee has worked at a particular organization.

Electronic Equipment

Devices or systems that use electric currents or electromagnetic fields to function.

Standard Deviation

A measure of the amount of variation or dispersion in a set of values, indicating how spread out the values are around the mean.

Automobile Factory

A facility dedicated to the production of vehicles, including assembling of parts, painting, and quality control.