Answer:
b. hindsight
Explanation:
Hindsight bias: In psychology, the term hindsight bias demonstrates the propensity of a person to over evaluate his or her ability to predict a specific outcome that is considered as difficult to be predicted. It makes a person to believe that an event is easy to predict even they are not in reality. Memory distortion can occur because of hindsight bias.
Example: A man predicted that it is going to rain today but it didn't rain and then he claims that I knew the opposite is going to happen.
In the question above, the given statement may be an example of hindsight bias.
0 will the error in prediction be when the absolute value of the correlation coefficient is 1.
The precise metric used in a correlation analysis to quantify the strength of the linear relationship between two variables is the correlation coefficient. In a correlation report, r stands for the coefficient.
In statistics, correlation coefficients are frequently utilized in the field of investing. They are crucial in fields including performance assessment, quantitative trading, and portfolio composition. The correlation coefficient's numerical component expresses how strong the link is. The variables are more firmly associated and the more predictable changes in one variable will be as the other variable changes the closer the number is to one, whether it is negative or positive.
To know more about correlation coefficient refer to: brainly.com/question/15577278
#SPJ4
