Anytime Ted analyzes a proposed project, he always assigns a much higher probability of success to the project than is warranted by the information he has gathered. Ted suffers from which one of
The following?
A) Frame dependence.
B) Overconﬁdence.
C) Gambler's fallacy.
D) Conﬁrmation bias.
E) Over-optimism.

Question

Quizplus · Accepted Answer

The Answer of Anytime Ted analyzes a proposed project, he always assigns a much higher probability of success to the project than is warranted by the information he has gathered. Ted suffers from which one of
The following?
A) Frame dependence.
B) Overconﬁdence.
C) Gambler's fallacy.
D) Conﬁrmation bias.
E) Over-optimism.

Anytime Ted Analyzes a Proposed Project, He Always Assigns a Much