Under All Circumstances,unfavorable Variances Are Bad; Favorable Variances Are Good

question 144

True/False

Under all circumstances,unfavorable variances are bad; favorable variances are good.

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Definitions:

Fundamental Attribution Error

The tendency to attribute others' behavior to their character or disposition rather than to external factors.

Just-World Hypothesis

The belief that people get what they deserve and deserve what they get, which often underlies the assumption that the world is fair and justice is served.

Validity Effect

The tendency to believe that information is correct or valid simply because it has been repeated multiple times.

The Big Lie

A propaganda technique, often attributed to Adolf Hitler, based on the premise that a lie, if audacious enough and repeated enough times, will be believed by the masses.