Mod 4

Question 1

Is intuition a good source?

Answer 1

No its limited because we overestimate things.

Question 2

What is hindsight bias?

Answer 2

The tendency to believe, after learning an outcome, that one would have foreseen it. (I knew it all along phenomenon)

Question 3

What is overconfidence?

Answer 3

We think that we know more than we actually do.

Question 4

What is perceiving order in random events?

Answer 4

We tend to perceive order when we don’t need too

Question 5

What is Critical Thinking

Answer 5

thinking that does not blindly accept arguments and conclusions. Rather, it examines
assumptions, assesses the source, discerns hidden values, evaluates evidence, and assesses conclusions