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4 years ago

You fall prey to the overconfidence bias when you ______ your knowledge or expertise in a decision situation.

Social Studies

1 answer:

Yuki888 [10]4 years ago

6 0

Answer:overestimate

Explanation:

The overconfidence effect occurs when our subjective confidence in our capability is beyond our objective performance. This means we overestimate our ability to do something in a way that we don't even consider other aspects that may bring setbacks in our performance.

This can also be seen in planning fallacy , when a person overstimate the time it will take them to complete a particular task.

Remember that time when you were told about the class test that would take place in 2 weeks but instead of studying early you decided to study two days before a class test because you believed you can do all the work in that short time.

This is the Overconfidence in your own ability.

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4 years ago

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4 years ago

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Lina20 [59]

The correct answer would be Press Function.

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3 years ago

How did Manifest Destiny contribute to American support for imperialism?

Anna71 [15]

Answer

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Explanation:

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3 years ago

Read 2 more answers

Shannon wants to buy lumber to build a small play structure for her niece in her backyard. She goes to Jack’s Lumber to purchase

erik [133]

Answer:

fitness for particular purpose

Explanation:

Shannon can sue Jack for selling the lumber which is of poor quality. Shannon approach Jack’s Lumber to purchase lumber and the building materials to build a play house at the backyard.

On selling the lumber to Shannon, Jack states that the material will serve Shannon's purpose. But later the structure collapses because it could not take the weight of the children. The materials that Jack provided did not serve the purpose as it was not fit for building a play structure. Thus Shannon can sue Jack for breaching.

Hence the answer is -

"fitness for particular purpose ".

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3 years ago