Fred had a tight work deadline.Although the project was time-consuming with a lot of unexpected "twists and turns," he felt sure he would have his project completed by the deadline.As it turned out,he was three days late.Fred has exhibited
A)anchoring bias.
B)overconfidence bias.
C)confirmation bias.
D)availability bias.
E)escalation of commitment.

Question

Quizplus · Accepted Answer

Fred's belief in his ability to complete the project by the deadline despite the challenges and twists and turns suggests that he was experiencing overconfidence bias. The fact that he was three days late indicates that his confidence was misplaced, and he may not have adequately considered all the potential obstacles that could have prevented him from meeting his deadline.

Fred Had a Tight Work Deadline