Question

The tendency of people to view events as being more predictable than they really are is referred to as

Answer 1

Answer:

Hindsight bias

Explanation:

Hindsight bias: In social psychology, the term "hindsight bias" is described as an individual's tendency to overestimate his or her capability to have foreseen the result or outcome of a particular incident. It is also referred to as "I-knew-it-all phenomenon".

Hindsight bias is often considered as bad? because it may cause distortions in an individual's memories of what he or she believed or knew before a particular event has occurred and is an important source of being overconfidence regarding his or her capability to assume the specific outcomes for "future events".

In the question above, the given statement represents hindsight bias.