RESEARCH METHODS THINKING CRITICALLY WITH PSYCHOLOGICAL SCIENCE
THE SCIENTIFIC METHOD AND DESCRIPTION
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Overconfidence
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Hindsight Bias
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Intuition
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Illusory Correlation
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Detailed explanation-1: -Explanation: In this example, “Monday morning quarterbacks” exhibit hindsight bias, the tendency to believe that the outcome of an event that has already occurred was the obvious even before it occurred.
Detailed explanation-2: -A person who criticizes or passes judgment from a position of hindsight, as in Ethel was a Monday-morning quarterback about all the personnel changes in her department-she always claimed to have known what was going to happen.
Detailed explanation-3: -The median is usually preferred to other measures of central tendency when your data set is skewed (i.e., forms a skewed distribution) or you are dealing with ordinal data. However, the mode can also be appropriate in these situations, but is not as commonly used as the median.
Detailed explanation-4: -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.
Detailed explanation-5: -Random assignment helps ensure that members of each group in the experiment are the same, which means that the groups are also likely more representative of what is present in the larger population.