The Tendency to Believe Falsely, After an Outcome of an Event

question 95

Multiple Choice

The tendency to believe falsely, after an outcome of an event is actually known, that one would have accurately predicted that outcome is known as a(n) ________ bias.

• A)self-serving
• B)confirmation
• C)impact
• D)hindsight
• E)anchoring

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Definitions:

Principal

The original sum of money borrowed in a loan or put into an investment, not including profits or interest.

Sum Of Cubes

A special algebraic formula or identity that expresses the sum of two cubes in terms of a product of a binomial and a trinomial.

Polynomial

A mathematical expression consisting of variables and coefficients that involves only the operations of addition, subtraction, multiplication, and non-negative integer exponents.

Grouping

A method in algebra to simplify expressions or solve equations by combining or partitioning terms.