Which of the following statements is MOST accurate?
A) The overconfidence effect is seen only when making predictions about events that have personal significance.
B) In their predictions about personal matters, people tend to be more accurate than confident.
C) Even professionals and experts tend to be overconfident about their own predictions.
D) The overconfidence effect is seen only when making predictions about events that have no personal significance.

Question

Quizplus · Accepted Answer

Research has shown that even professionals and experts tend to be overconfident about their predictions, regardless of whether the events have personal significance or not. Therefore, option C is the most accurate statement. A, B, and D are not accurate as they make generalizations that are not always true.

Which of the Following Statements Is MOST Accurate