1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Digiron [165]
3 years ago
9

A local basketball team has won three championships in a row and is on a winning streak going into the final game. Explain how t

heir fans might use the following to explain a loss in the final game: 1. Hindsight bias 2. Overconfidence 3. The tendency to perceive patterns in random events (illusory correlation)
Business
1 answer:
yulyashka [42]3 years ago
7 0

Answer:

Fans might display a hindsight bias in the aftermath of a loss by claiming to have seen signs that the team would lose. Hindsight bias involves the tendency for people to perceive events that has already occurred as having been more predictable than it actually was. The fans may claim that they knew all along that the defeat was coming after such an impressive run of wins.

Some fans would blame to defeat on over confidence, citing that the team was to overconfident in their approach to the game having been a a good winning streak. They may point out that the overconfidence of the team led to them under rating their opponents which led to the defeats.

Lastly, fans might perceive the loss as the necessary outcome of a pattern (or a violation of a pattern) when, in fact, it was down to random events. The fans may claim that sooner or later the defeat would come after having one so many games in a role.

You might be interested in
You are an insurance salesman. If you make 12% on all insurance sales and sold an average $35,000 / month, how much money did yo
Zigmanuir [339]

Answer:

$50,400

Explanation:

To do this first start by multiplying .12 x 35,000. The answer should be $4,200. After this multiply 4,200 by 12 in order to get the amount of money earned over a 12 month period. This will give you $50,400.

5 0
3 years ago
Jennie receives $12,000 (of which $2,000 is earnings) from a Qualified Tuition Program. She uses the funds to pay for new furnit
Dafna1 [17]

Answer: $2000

Explanation:

From the question, we are informed that Jennie receives $12,000 (of which $2,000 is earnings) from a Qualified Tuition Program and she uses the funds to pay for new furniture for her apartment.

The amount that is taxable to Jennie will be the amount of earnings she made who is $2000.

8 0
3 years ago
You work for 48 hours at $8.75 an hour and pay 12% in taxes. what is your net pay biweekly?
Gala2k [10]

I think it is $739.20 for two weeks.

6 0
3 years ago
Read 2 more answers
How should you record a capital​ expenditure?
zepelin [54]
We can record a capital expenditure using the debit asset

6 0
4 years ago
Many homes are decorated in spring colors because these colors are deemed to be uplifting; however, most department stores do no
Veronika [31]

Answer:

Time utility

Explanation:

Organizations try to understand the demands of the consumers before before important decisions. From the questions, it is clear that the department stores over time have understood when customers prefers not to stock spring colored items because during the spring and fall, brown and green items are mostly sort after. Thus time utility which entails making available certain products to consumers depending on their needs, weather condition, or seasons is the most likely answer to this question.

3 0
3 years ago
Other questions:
  • A company with 100,000 authorized shares of $4 par common stock issued 40,000 shares at $8. Subsequently, the company declared a
    7·1 answer
  • On October 1, Black Company receives a 9% interest-bearing note from Reese Company to settle a $20,000 account receivable. The n
    6·1 answer
  • James is a recent college graduate and has six months of it experience. he is thinking about pursuing a certification program in
    10·1 answer
  • A rectangular crate has the dimensions of 32.1 inches by 28.2 inches by 1 foot.
    14·1 answer
  • Under the Uniform Securities Act, all of the following must be disclosed in an investment advisory contract EXCEPT A) other stat
    14·1 answer
  • Mark writes a check to Sally, intending to use it to pay Sally for babysitting Mark's daughter next week. Sally arrives at Mark'
    15·1 answer
  • Madison Corporation's production cycle starts in the Processing Department. The following information is available for April: Un
    8·1 answer
  • . In an income statement segmented by product line, the salary of the corporation chief executive officer (CEO) should be: a. al
    6·1 answer
  • Winn Co. signs a 60 day note payable for a $15,000 copy machine with an interest rate of 8%. Winn will record total interest exp
    8·1 answer
  • Public accounting firms perform numerous services including auditing, income tax, and _____________ .
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!