Examlex
The highest level of information richness is achieved when messages are transmitted through _____.
Hindsight Bias
The tendency to believe, after an event has occurred, that one would have predicted or expected the outcome, often known as the "I-knew-it-all-along" effect.
Testable Hypotheses
are theories or predictions that can be empirically tested through experimentation or observation to determine their validity.
Illusory Correlation
The perception of a relationship between two variables when no such relationship exists, often leading to cognitive biases.
Overconfidence
A cognitive bias where an individual's subjective confidence in their judgments is greater than their objective accuracy.
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