After the outcome of an election is announced, you state that you knew all along what the outcome would be. This is a form of
A) confirmation bias.
B) hindsight bias.
C) availability bias.
D) representativeness.

Question

Quizplus · Accepted Answer

This is an example of hindsight bias, where individuals believe they knew the outcome of an event all along, only after the event has occurred. This bias often stems from the individual's preference for maintaining a positive self-image, and it can lead to overconfidence in one's own judgment and can affect decision-making.

After the Outcome of an Election Is Announced, You State