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Understanding Cognitive Biases and Their Impact Quiz

#1

Which cognitive bias refers to the tendency to rely too heavily on the first piece of information encountered?

Primacy Effect
Explanation

Reliance on initial information.

#2

What is the term for the tendency to favor information that confirms one's preexisting beliefs or hypotheses?

Confirmation Bias
Explanation

Preference for confirming information.

#3

Which cognitive bias involves making decisions based on the most recent information rather than considering all relevant information?

Recency Bias
Explanation

Preference for recent information in decision-making.

#4

Which cognitive bias involves overestimating the likelihood of events with greater 'availability' in memory?

Availability Heuristic
Explanation

Overestimation based on memory availability.

#5

Which cognitive bias involves attributing success to personal characteristics while attributing failure to external factors?

Self-Serving Bias
Explanation

Attribution of success and failure.

#6

What is the term for the tendency to believe that one would have foreseen an event after it has occurred?

Hindsight Bias
Explanation

Belief in foreseeing events after they happen.

#7

Which cognitive bias involves the tendency to overestimate one's own ability or knowledge?

Overconfidence Bias
Explanation

Excessive confidence in oneself.

#8

What is the tendency to judge the likelihood or frequency of an event based on how easily it comes to mind?

Availability Heuristic
Explanation

Judgment based on ease of recall.

#9

What is the tendency to judge the frequency or probability of events by the ease with which relevant instances come to mind?

Availability Heuristic
Explanation

Judgment based on mental ease.

#10

Which cognitive bias involves the tendency to give undue weight to the first information received?

Anchoring Bias
Explanation

Overemphasis on initial information.

#11

Which cognitive bias involves the tendency to see patterns in random data?

Apophenia
Explanation

Pattern recognition in randomness.

#12

Which cognitive bias involves the tendency to overestimate the importance of information that is easily available?

Availability Heuristic
Explanation

Overestimation of easily available information.

#13

What is the term for the tendency to give greater weight to the first information received when making decisions?

Anchoring Bias
Explanation

Preference for initial information in decision-making.

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