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The Psychology of Cognitive Biases - Exam
Contributed by: Hayward
  • 1. What is a cognitive bias?
A) A cognitive skill that enhances reasoning.
B) A systematic pattern of deviation from norm or rationality in judgment.
C) A type of psychological disorder.
D) An emotional response to stimuli.
  • 2. Which cognitive bias causes people to favor information that confirms their existing beliefs?
A) Confirmation bias.
B) Anchoring bias.
C) Availability heuristic.
D) Overconfidence bias.
  • 3. What is hindsight bias?
A) Being surprised by unpredicted outcomes.
B) Believing that an event was predictable after it has happened.
C) Underestimating future uncertainties.
D) Overconfidence in one's initial predictions.
  • 4. In which scenario does the gambler's fallacy occur?
A) Seeing patterns where none exist.
B) Believing that past random events affect future outcomes.
C) Relying solely on statistical evidence.
D) Understanding that outcomes are independent.
  • 5. What does self-serving bias lead people to do?
A) Blame others exclusively for their victories.
B) Take equal responsibility for successes and failures.
C) Attribute successes to themselves and failures to external factors.
D) Minimize their own role in results.
  • 6. What is the illusion of control?
A) Relying on evidence-based predictions.
B) A clear acknowledgment of randomness in events.
C) Feeling helpless in decision-making scenarios.
D) The belief that one can influence outcomes that are really beyond control.
  • 7. What is the affect heuristic?
A) Calculating probabilities before acting.
B) Making decisions based on emotions rather than logic.
C) Relying on statistical data exclusively.
D) Assessing risks through careful analysis.
  • 8. Which bias involves favoring information that is more recent?
A) Confirmation bias.
B) Survivorship bias.
C) Recency bias.
D) Framing effect.
  • 9. What is the planning fallacy?
A) Underestimating the time required to complete a task.
B) Overestimating costs in project planning.
C) Relying on past performance data to predict future tasks.
D) Improving accuracy through careful planning.
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