The Confirmation Bias Refers to the Tendency to

question 203

Multiple Choice

The confirmation bias refers to the tendency to

• A) search for information that supports our preconceptions.
• B) judge the likelihood of events on the basis of how easily we can remember examples of them.
• C) overestimate the accuracy of our beliefs and judgments.
• D) make judgments in a very inefficient,time-consuming fashion.

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Definitions:

Another Company

This term refers to an entity different from the one currently being discussed or involved.

Volatile Interest Rates

Interest rates that fluctuate frequently and unpredictably, often affecting borrowing and saving costs.

Equity

Represents the value of an ownership interest in a company, often expressed as share capital or stock, reflecting the residual interest in the assets of the entity after deducting liabilities.