Business, 18.09.2019 00:00 reyescoralys

Which of the following statements about biased decision making is true?
a. hindsight you correctly assess what you should have known beforehand.
b. when you are making a decision and you have considerable experience in that area, you are then most likely to be overconfident.
c. when confronted with a choice, people with strong prior beliefs tend to make their decisions based on their beliefs even if their beliefs are false.
d. sometimes a single event can allow you to determine the trend.
e. you could confidently make a decision about something by asking 20 of your friends and deciding based on their preferences.

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Which of the following statements about biased decision making is true?
a. hindsight you cor...

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