Which of the Following Best Describes a Hindsight Bias

question 102

Multiple Choice

Which of the following best describes a hindsight bias?

• A)the tendency to rely on one piece of information, however irrelevant
• B)the tendency to claim more responsibility for successes than failures
• C)the tendency to choose information that supports our existing position
• D)the belief that an actual event was predictable even if it was not

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Definitions:

Distances

The amount of space between two points, which can be measured in various units such as kilometers, miles, meters, or feet, important for logistics and planning.

Minimum Cost

The lowest possible expense incurred in the production or acquisition of goods or services without compromising quality.

Shipping Solution

A system or service that simplifies the process of sending goods from one place to another.

Objective Function

A mathematical expression that defines the goal of an optimization problem, often involving the maximization or minimization of some quantity.