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Psychological biases and cognitive processes Quiz

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Which psychological bias refers to the tendency to give more importance to the first piece of information encountered when making decisions?

Anchoring bias

Explanation

First encountered information bias

What cognitive process involves organizing and interpreting sensory information to give it meaning?

Perception

Explanation

Interpreting sensory input

Which cognitive bias leads individuals to believe that they are less likely to experience negative events compared to others?

Optimism bias

Explanation

Underestimating negative outcomes

What is the term for the cognitive bias where individuals attribute their successes to internal factors and their failures to external factors?

Self-serving bias

Explanation

Attributing success to self

Which cognitive bias involves giving more weight to information that confirms preexisting beliefs and discounting evidence that contradicts them?

Confirmation bias

Explanation

Favoring confirming info

What term is used to describe the tendency to rely on the first piece of information encountered when making decisions, even if it's irrelevant?

Anchoring bias

Explanation

Decision-making bias

Which cognitive bias involves the tendency to attribute one's own positive actions to internal factors while attributing negative actions to external factors?

Self-serving bias

Explanation

Credit for positive actions

In which stage of memory does information undergo encoding for storage?

Sensory memory

Explanation

Initial memory processing

In which stage of memory does rehearsal play a crucial role in transferring information to long-term storage?

Short-term memory

Explanation

Temporary memory storage

#10

Which cognitive bias involves the tendency to see events as having been predictable after they have already occurred?

Hindsight bias

Explanation

Seeing past events as obvious

#11

What term describes the phenomenon where people tend to focus on the most recent information when making decisions or judgments?

Recency bias

Explanation

Recent info preference

#12

In the context of decision-making, what does the term 'sunk cost fallacy' refer to?

Continuing a course of action due to prior investment

Explanation

Investing more due to past

Psychological biases and cognitive processes Quiz

Which psychological bias refers to the tendency to give more importance to the first piece of information encountered when making decisions?

What cognitive process involves organizing and interpreting sensory information to give it meaning?

Which cognitive bias leads individuals to believe that they are less likely to experience negative events compared to others?

What is the term for the cognitive bias where individuals attribute their successes to internal factors and their failures to external factors?

Which cognitive bias involves giving more weight to information that confirms preexisting beliefs and discounting evidence that contradicts them?

What term is used to describe the tendency to rely on the first piece of information encountered when making decisions, even if it's irrelevant?

Which cognitive bias involves the tendency to attribute one's own positive actions to internal factors while attributing negative actions to external factors?

In which stage of memory does information undergo encoding for storage?

In which stage of memory does rehearsal play a crucial role in transferring information to long-term storage?

Which cognitive bias involves the tendency to see events as having been predictable after they have already occurred?

What term describes the phenomenon where people tend to focus on the most recent information when making decisions or judgments?

In the context of decision-making, what does the term 'sunk cost fallacy' refer to?

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