Question

Niaz’s car breaks down, and he is convinced that it was a predictable event even though there was no way of knowing it would happen. This exemplifies ________.
a. anchoring bias
b. availability heuristic
c. hindsight bias
d. representational bias

Answer 1

Answer:

C

Explanation:

Hindsight bias or knew-it-all phenomenon refers to a tendency for people to think about events. When an event happens, people believe that they would have predicted or have known the outcome of the event. It is a result of overconfidence about our prediction ability.

Here, although Niaz has had no hint to know what may happen, he believes that it was predictable.