Q1. After the student council election, a friend tells you he has known for weeks
who would be elected president. What does this seem to illustrate?
c. Hindsight bias
Q2. While taking a standardized test with randomly scrambled answers, you
notice that your last four answers have been "c." Which of the following is true
concerning the probability of the next answer being "c"?
c. It is unaffected by previous answers. It is as likely to be "c" as any other answer.
Q3.What do we call the tendency to exaggerate the correctness or accuracy of
our beliefs and predictions prior to testing?
b. Overconfidence
Q4. Which of the following is an example of hindsight bias?
d. Marcy cannot recognize a definition on a flashcard. After turning the card over and
viewing the term, she tells herself she knew that the answer was all along.