AP PSYCHOLOGY

Detailed explanation-1: -After the student council election, a friend tells you he could have guessed who would be elected president. What psychological phenomenon might this illustrate? Q. hindsight bias.

Detailed explanation-2: -Examples of Hindsight Bias The hindsight bias involves the tendency people have to assume that they knew the outcome of an event after the outcome has already been determined. For example, after attending a baseball game, you might insist that you knew that the winning team was going to win beforehand.

Detailed explanation-3: -Hindsight bias is our tendency to look back at an event that we could not predict at the time and think the outcome was easily predictable. It is also called the ‘knew-it-all-along’ effect.

Detailed explanation-4: -Hindsight bias is a psychological phenomenon in which one becomes convinced they accurately predicted an event before it occurred. It causes overconfidence in one’s ability to predict other future events and may lead to unnecessary risks. Hindsight bias can negatively affect decision-making.

Detailed explanation-5: -Hindsight bias occurs when people feel that they “knew it all along, ” that is, when they believe that an event is more predictable after it becomes known than it was before it became known.