Ann Byer is a first-year accountant who always did well academically. She is asked by her employer to estimate the amount of the accounts receivable balance that might not be paid by the customers. Although she remembers discussing the concept, she cannot quite remember how to go about estimating the amount. She does what she thinks is correct without double-checking. After all, she always received "A"s in class so she must be correct. What type of bias is represented in the above scenario?
A) availability bias
B) overconfidence bias
C) confirmatory bias
D) groupthink bias

Question

Quizplus · Accepted Answer

Ann's reliance on her past academic success without verifying her current understanding demonstrates overconfidence bias.

Ann Byer Is a First-Year Accountant Who Always Did Well