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Someone could tell me that it is the shirt change in democracy
The typical inmate in prison in the United States is male, from a minority group, is a drug addict or mentally ill, poor and probably had a difficult/abusive upbringing or comes from a dysfunctional family background.
<em>Male inmates</em> make up 90% of the total jail population, but the female jail population has grown at a faster pace then the male in the recent years. African Americans are the largest ethnic group in jails, followed by Whites, Hispanics and other races.
Over the half of jail inmates await court action on their current charges, the rest is serving their sentence.The percentage of inmates in private jails is small, about 2,3 % but nevertheless growing all the time.
Almost 10,000 inmates a year are under eighteen , 90% of them convicted.
Answer:
The answer is the hindshight bias.
Explanation:
This bias takes place when a person believes an event was more predictable after it already has occured. For this reason, it is also called the "knew-it-all-along" bias.
The hindsight bias might cause memory distortions in people: it's possible that they reinterpret some of their memories in order to fit their perceived prediction.
The tendency to hold onto losing stocks in the hope that they will recoup is called loss aversion.
Loss aversion is a cognitive bias that explains why the pain of loss has twice as much psychological impact as the joy of winning. Losing money or another valuable item can feel worse than gaining the same. This principle is prominent in the field of economics. What distinguishes loss aversion from risk aversion is that the utility of monetary rewards depends on what has been previously experienced or expected.
In the realm of behavioral choice, 'loss aversion' is a behavioral phenomenon in which individuals exhibit greater sensitivity to potential losses than gains. Conversely, “risk-averse” people have an increased sensitivity/aversion to options with uncertain outcomes.
Learn more about stocks here: brainly.com/question/690070
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